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Image of New Pool Of Funding For Firefall

Late last year the future of Firefall was thrown under question following the sudden departure of Red 5 Studio's CEO Mark Kern, but new information has come to light showing that Firefall's future is brighter than ever.

In a new press release posted on the official website for Red 5 Studio's the developers announced a new shared purchase agreement that will see the introduction of $23 million in Series B funding.

?This additional round of funding will offer us the means to execute on our plan for successfully launching Firefall in 2014.? said James Macauley, acting CEO, Red 5 Studios. ?This is the year Firefall takes flight. The entire Red 5 tribe is focused on creating top quality content that will take Firefall to the next level and we are excited for this next stage of development.? 

So there you have it. If you had any concerns regarding the future of Firefall you can rest at ease as this information has come right from the acting horses mouth, so to speak.

For more information on Firefall you can check our official features page here

Source: Press Release

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