Pokémon Go Creator Niantic Raises $190 Million In A Funding Round It Doesn’t Need
JANUARY 5, 2019
Pokémon Go creator Niantic has closed a $190 million round of funding, according to a document filed with the Securities and Exchange Commission. That all but confirms that Niantic is raising money precisely at a time when it doesn’t need it. Niantic declined comment, but the filing comes after a Wall Street Journal report last month that said the company was closing a $200 million funding from investors, including IVP, aXiomatic Gaming and Samsung, at a value of $3.9 billion.