Pokémon Go creator Niantic has raised a brand new $200 million in funding, experiences The Wall Street Journal. The Sequence B increase was led by Spark Capital, and contains participation from Founders Fund, Meritech, Javelin Enterprise Capital, You & Mr. Jones and NetEase, Inc. Spark companion Megan Quinn can also be becoming a member of Niantic’s board as a part of the brand new financing deal.

Niantic is thought for its augmented actuality video games, which started with the multiplayer sci-fi spy sport Ingress, created through the firm’s time as an inside startup based inside Google. In 2015, Niantic spun out as its personal entity, and it launched Pokémon Go in July, 2016. The Pokémon AR sport managed to draw huge curiosity at launch, leading to enormous real-world gatherings of gamers because of its mechanic of incentivizing gamers to maneuver round in the actual world to realize in-game success.

In its Sequence A spherical, Niantic raised $30 million in funding from an investor group together with Alsop Loui Companions, Google, Nintendo, The Pokémon Firm, Cyan and Scott Banister and others. Earlier this 12 months, Niantic introduced its first acquisition, of mobile social network developer Evertoon, and it additionally lately made official its intent to construct a cell AR sport based mostly on Harry Potter.

Harry Potter: Wizards Unite is due out sometime next year, and shall be developed in partnership with Warner Bros. Interactive.

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