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U.K. Online Game Developer Jagex Gets Investment from Insight

Authored by Mark Hefflinger on October 25, 2005 - 6:54am.
London - Jagex, a developer and publisher of massively multiplayer online games, announced on Tuesday that it has received an undisclosed equity investment from Insight Venture Partners. U.K.-based Jagex operates the online game "RuneScape," which currently claims 3.5 million active players and 500,000 paying subscribers; other Jagex titles include "Meltdown" and "SlimeWar," and a number of free-to-play mini-games. The company will use the funds to expand its games into non-English-language markets, and for ongoing development of "RuneScape" and other titles.
tags: U.K | Investment | Online Game Developer | Jagex | Insight |