Niantic is now worth nearly $4 billion thanks to Pokémon GO

The Wall Street Journal has reported that Niantic is now worth nearly $4 billion, following the $200 million round of venture capital being raised by the Pokémon GO developer. Niantic raised $200 million last year for a valuation of around $2.7 billion. Although Pokémon GO is not dominating the charts as it initially did a couple years ago, the immensely-popular mobile game is still among one of the top 200 apps by downloads in the U.S. Niantic is also working with Warner Bros. on the recently-announced Harry Potter: Wizards Unite, another mobile augmented reality game scheduled to launch in 2019.

Source: Polygon.com

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