As a result, the company’s value has grown to almost $4 billion.
The authors of Pokémon GO raised $245 million in the fourth round of funding. The largest investor was the venture capital firm IVP. Samsung Ventures, AXiomatic Gaming, Battery Ventures, Causeway Capital Management and CRV also invested funds.
According to VentureBeat, part of the money will be invested in Niantic Real World, the platform on which the company creates its titles. Niantic plans to give access to this platform to all developers.
IVP is happy to support Niantic's plans to create a future for AR. It conveys all the magic of AR with the help of very popular games and also develops an operating system for applications capable of combining the digital world with the physical.
IVP representative
The studio’s geolocation games, such as Pokémon GO and Ingress, contain augmented reality effects. Her next AR project, Harry Potter: Wizards Unite, is set for release this year.
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