‘Pokémon Go’ developer secures US$245M funding
Niantic, the developer behind Pokémon Go, finished its Series C financing with US$245 million on Jan 16, according to a press release.
The latest round of funding brings Niantic’s valuation to nearly US$4 billion.
The Series C funding was led by IVP, and additional investments came from aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV, and Samsung Ventures.
The funding round comes just under two weeks after Niantic closed a US$190 million equity sale.