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Niantic has officially closed a rounding of funding that leaves the AR developer $190 million richer.

Alissa McAloon, Publisher

January 4, 2019

1 Min Read

Newsbrief: Niantic has officially closed a rounding of funding that leaves the AR developer $190 million richer.

This comes after rumors circulated last month that Niantic was working toward a $200 million investment from the likes of IVP, aXiomatic Gaming, and Samsung. At the time, an unnamed source speaking to the Wall Street Journal said the investment would land Niantic a $3.9 billion valuation.

The SEC document detailing the investment, however, makes no mention of the investors behind this $190 million funding round, but does note that 26 investors contributed to the sum in some manner. With this latest round closed, Niantic's lifetime funds raised has now surpassed $415 million.

The investment comes as Niantic is both still actively supporting Pokemon Go and working toward the release of its Harry Potter flavored augmented reality game Harry Potter: Wizards Unite, which is due out at a yet-unannounced point in 2019. 

About the Author(s)

Alissa McAloon

Publisher, GameDeveloper.com

As the Publisher of Game Developer, Alissa McAloon brings a decade of experience in the video game industry and media. When not working in the world of B2B game journalism, Alissa enjoys spending her time in the worlds of immersive sandbox games or dabbling in the occasional TTRPG.

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