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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. According to data collected by Newzoo , mobile games revenue reached a record $63.2 That number could reach $81.3 Roughly half of the U.S.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 “The barrier to entry from independent studios is to find product-market fit,” says Driver.

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Interview with Scott Lahman, GOGII

socalTECH

Lahman is also one of the co-founders of JAMDAT Mobile, the immensely successful developer of mobile games, which had an IPO in 2004, and eventually became part of Electronic Arts in 2006. We spoke with Scott about GOGII and textPlus, the shifting mobile market, and also what lessons he's applied to his new startup.

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