Pokémon GO developer Niantic receives $190 million from investors

As if it needed anymore dough, Niantic has received a massive amount of funding from investors that leaves the AR developer $190 million richer. This comes after the reports last month that suggested Niantic was working toward a $200 million investment from other big names such as IVP, aXiomatic Gaming and Samsung. However, the SEC document detailing the recent investment doesn’t mention the investors behind this $190 million funding round, but it does note that 26 investors contributed to the sum in some form. With this latest round closed, Niantic’s lifetime funds accumulated have now surpassed $415 million. Niantic is still heavily supporting Pokémon GO and is prepping for the release of its Harry Potter augmented reality game, Harry Potter: Wizards Unite, which is officially launching later this year.

Source: Gamasutra.com


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