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Red Hot Labs Raises $1.5 Million for Mobile Games


Red Hot Labs announced that it has raised $1.5 million in a round of funding for the development of a mobile games technology platform. Investors in the round included Andreessen Horowitz, Greylock Partners, SV Angel, General Catalyst, and Japan’s IT-Farm. Red Hot Labs’ founders Amitt Mahajan and Joel Poloney sold MyMiniLife to Zynga, used the technology to create FarmVille and built Zynga’s reusable game engine. Amitt Mahajan, co-founder of Red Hot Labs said, “We believe mobile is the obvious next disruptive platform, but the tools to realize its potential do not yet exist. Our focus is on creating better ways of building and distributing applications that will be essential to companies and consumers in an increasingly mobile-­centric world.”  Read more