Jagex Finds VC Funds

FEB. 8, 2011 • Independent U.K. studio Jagex, creator of the hit MMO Runescape, sealed new agreements with venture capital firms to help fund upcoming projects.  Investments came in from three VC groups: Insight Venture Partners, Spectrum Equity Investors and The Raine Group. Cash and eq.....

HTC Invests in OnLive

FEB. 8, 2011 • Taiwan-based mobile phone manufacturer HTC invested $40 million in cloud streaming game service Onlive Inc. The investment gives HTC 5.3 million preferential shares of OnLive, each share priced at $7.50. The move was speculated to support content for HTC’s .....

Interview: InComm Primes Online Commerce

DEC. 14, 2010 • The emergence of the free-to-play online model as a major growth sector in the games business in recent years could not have happened as smoothy without companies such as InComm. Given the ranges of ages and incomes of people who play games online, the tried and true credit card payment systems was not sufficient. Many consumers would rather pay as they go, and are not comfortable with offering up their debit c.....

Pocket Gems Taps $5 Million in Investment

DEC. 14, 2010 • Developer Pocket Gems, best known for its Tap Farm iPhone game, secured $5 million in investment led by Sequoia Capital. The Tap series of games is free to play and has generated millions of dollars in micro-transaction revenue. Pocket Gems intends to use the funding to expand its engineering team and to develop additional mobile content. Impact: It has only been a year since A.....

Free-to-Play MLB Manager

DEC. 14, 2010 • To correspond with the arrival of the next Major League Baseball season Sega of America will launch the F2P MLB Manager Online in North America, Japan and South Korea. Backed by licenses with the MLB Players Association and MLB, players can select from more than 900 players from all 30 U.S. Major League Baseball teams. Impact: The console MLB games market in the U.S. is current.....

GameStop Tries Social Games With Jolt Online Gaming

DEC. 14, 2010 • GameStop has jumped into the publishing of F2P social network games. Working with Jolt Online Gaming, GameStop announced the launch of Utopia Kingdoms on Facebook. The game has similarities to games from Blizzard’s Warcraft series. GameStop sees its arrival on Facebook as a great example of how to provide its customers with online games they can play anytime, anywhere and on any device. .....

End of content

End of content