Pokémon GO maker Niantic has managed to raise about $200 million in new financing. The developer’s comes just weeks after Niantic announced it will release a new title called Harry Potter: Wizards Unite. in 2018. Funding came in from Spark Capital, Founders Fund, Meritech, Javelin Venture Capital, along with branding agency You & Mr. Jones and Internet company NetEase Inc.
“We are excited to be working with NetEase, Spark, and our other new investors,” Niantic CEO John Hanke said in a statement shared with Business Insider. “This round enables new strategic opportunities and enhances our ability to make long term investments in augmented reality and the Niantic real-world platform.”
Source: The Wall Street Journal