The Wall Street Journal: ‘Pokémon Go’ game creator Niantic scores $200 million in funding
The maker of the hit augmented-reality game “Pokémon Go” has raised about $ 200 million in new financing.
Niantic Inc.’s Series B comes just weeks after the game maker said it plans to release a new title called “Harry Potter: Wizards Unite.” San Francisco-based Niantic gained notoriety in the summer of 2016 as “Pokémon Go” became an overnight hit, pushing millions of players to get outside and chase digital monsters with their smartphones.
Spark Capital led the round, with participation from Founders Fund, Meritech, Javelin Venture Partners, along with branding agency You & Mr. Jones and internet company NetEase Inc., according to Niantic.
Niantic Chief Executive John Hanke said via email that the funding would enable new strategic opportunities for the company.
An expanded version of this report appears on WSJ.com.
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