Notes:

From http://fuckyeahrwby.tumblr.com/
"Well Summer Rose is just Ruby’s mother, Yang’s mom is still out there and unknown, so I think popular theory leans towards her just being the Mysterious Mama Xiao Long. But her apparent care for Yang’s well being absolutely puts her right in the missing parent zone somewhere.

Which of course raises so many more questions than it answers, but that’s what makes Rwby, Rwby.

Personally her color scheme and ostensible ties to the White Fang (or sweet taste in facewear,) make me wonder if she’s got something to do with Blake’s past as well, and there’s also the fact that she and Neo share a certain taste in jewelry."