Chris DeWolfe (left) and Josh Yguado are the cofounders of Jam City.
Chris DeWolfe (left) and Josh Yguado are cofounders of Jam City.
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Harry Potter mobile game maker Jam City raises $145 million

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Jam City, developer and publisher of the hit mobile game Harry Potter: Hogwarts Mystery, has raised $145 million in funding.

The money comes from JPMorgan Chase Bank, N.A. and Bank of America Merrill Lynch, as well as a syndicate of lenders like Silicon Valley Bank, SunTrust Bank, and CIT Bank. The financing will support Jam City’s acquisitions and global growth initiatives.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.