Red 5 Studios Raises $18.5 Million

Red 5 Studios, an Aliso Viejo, Calif.-based online game development studio, has raised $18.5 million in Series A funding co-led by Benchmark Capital and Sierra Ventures. Red 5 management includes World of Warcraft co-creators like Mark Kern. www.red5studios.com< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />