You are here: Home » International » News » Companies
Business Standard

Pokemon Go developer Niantic raises $200 mn in new funding round

Niantic made its first acquisition of mobile social network developer, Evertoon

ANI  |  Washington 

Pokemon Go
Pokemon Go

creator on Saturday announced receiving of Series B funding worth $200 million by Spark Capital, Founders Fund, Meritech, Javelin Venture Capital, You & Mr. Jones and NetEase.

Inc. Spark partner Megan Quinn will also join Niantic's board as part of the new financing deal.

According to TechCrunch, in its Series A round, raised $30 million in funding from an investor group including Alsop Loui Partners, Google, Nintendo, The Pokemon Company, Cyan and Scott Banister and others.

Niantic, which began with the sci-fi spy game Ingress, was created during the company's time as an internal startup founded within tech giant, Google.

Earlier this year, made its first acquisition of mobile social network developer, Evertoon.

The games company also recently announced its intent to build a mobile AR game based on Harry Potter. The game will be developed in partnership with Interactive and released in 2018.

First Published: Sat, November 25 2017. 17:36 IST