Wednesday, September 14, 2011

Crime Pays: Red Robot Labs Snatches $8.5 Million From Benchmark

lic_hero_hiresA few weeks ago, we wrote about Life Is Crime, a new location-based mobile game. The premise is pretty awesome: it's like Foursquare meets Grand Theft Auto. You go around (virtually) beating up friends for money. As it happens, the game has helped parent company Red Robot Labs score some loot of their own ? an $8.5 million Series A. Benchmark Capital is leading the round with current investors Shasta Ventures, Rick Thompson (co-founder of Playdom), and Chamath Palihapitiya (former Facebook exec)�participating�as well. Benchmark's Mitch Lasky will be joining the board as a result.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/uFksq_Q_flU/

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