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‘Pokémon Go’ developer secures US$245mil in Series C funding

While AR is a key component in Pokémon Go and will be a part of the upcoming Harry Potter: Wizards Unite, Niantic plans to advance its AR capabilities and invest in machine learning and its Niantic Real World Platform. — Reuters

While AR is a key component in Pokémon Go and will be a part of the upcoming Harry Potter: Wizards Unite, Niantic plans to advance its AR capabilities and invest in machine learning and its Niantic Real World Platform. — Reuters

LOS ANGELES: Niantic, the developer behind Pokémon Go, finished its Series C financing with US$245mil (RM1bil) on Jan 16, according to a press release. 

The latest round of funding brings Niantic’s valuation to nearly US$4bil (RM16.45bil). The Series C funding was led by IVP, and additional investments came from aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV, and Samsung Ventures. 

Pokemon Go , Niantic

   

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