Pokémon Go maker Niantic raises $245 mn at $4 bn valuation

Pokémon Go creator Niantic has finalised a Series C funding round of $245 million at a valuation of nearly $4 billion. The round was led by IVP and saw participation from aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV and Samsung Ventures. Founded in 2010, Alphabet spin-off Niantic has raised around $470 million till date.