The Raine Group
Spectrum Equity Investors
Jagex

Jagex, the games studio behind RuneScape, raises further funding

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Jagex, which claims to be the UK’s largest independent games developer and publisher and is the company behind the popular MMOG RuneScape, has raised new funding from Insight Venture Partners, Spectrum Equity Investors and The Raine Group. The undisclosed investment will “enable Jagex to accelerate growth of its development and publishing capabilities.”

As part of the arrangement, Chris Mitchell and Jim Quagliaroli of Spectrum Equity, and Brandon Gardner and John Salter of Raine, will join Jagex’s board of Directors. Mark Gerhard, along with Jeff Horing and Alex Crisses from Insight Venture Partners, will continue to serve as Directors.

Cambridge, UK-based Jagex has over 40 online titles and its flagship game, RuneScape, makes the bold claim of being the world’s most popular free-to-play massively multi-player online game. Alongside the company’s in-house development studio, Jagex is also expanding to become a third-party publisher for other games developers. The first third-party title published by Janex is War of Legends, while the company plans to release numerous third-party games throughout the next 12 months.

  • http://www.gamesfreak.net GamesFreak

    I personally have some doubts on this. Runescape has been steadily declining for more than 3 years now.

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  • Motherload

    Bloody hell, nice article on Jagex. I will try out their games as soon as I can :)

  • Sk8pnk

    I have been playing War of Legends for a yr. now. Excelent game, nothing out there like it. The only problem is jagex. As a thrid party company they shame this wonderful game. The jagex customer service is beyond lacking. They do nothing to improve the endless game lag. It is riddled with glitches due to the out of date servers they continue to use, cramming patch after patch onto already underpowered servers. To contact  the jagex team is impossible and they do not care to listen much less give a reply not only from emails, bug reports, or on the w.o.l. forumn. I would highly recommend that noone spend a dime on this game or anything else jagex  provides. P2P it for a month if you must try it and see for yourself but remember i warned you. jagex= lagamax failex. And believe you , me they fail at anything and everything they do related to War of Legends. The chinese version runs flawlessly by the way.

  • Titukas98

    ban lt biciukas is scamer me acount lt biciukas scamed runescape

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