Pokemon Go update: Expect large improvements after Niantic receives great news

As it stated in Pokemon Go developer Niantic has been given a large cash boost which can help to get best the game. Niantic has managed to safe an extra $200 mn in funding, as companies like Spark Capital, Founders Fund, Meritech, Javelin Venture Partners, You & Mr Jones and NetEase invest cash. According to a new report in The Wall Street Journal, the funds going to help Niantic make long-term investments in augmented reality. "We are very, extremely excited to welcome the Niantic Labs team to the Spark Capital portfolio," Quinn tweets. "We believe John Hanke & the team are building an incredibly important firm at the intersection of AR and real world location."

Pokemon Go developer Niantic nets $200M in

Pokemon Go developer Niantic has reportedly secured $200 mn from a Series B funding round led with Spark Capital. According to the Wall Street Journal, the cash going to be used to make "long-term investments" in augmented reality. The break news comes just a few weeks after Niantic approved its following main project going to be an AR mobile title based on the Harry Potter franchise. Much like Pokemon game Go, that implored players to scour the outdoors in search of sine monsters, Harry Potter: Wizards Unite going to allow players to go on adventures in the real world. Niantic tells the title going to employ state of the art AR mobile technology, and going to allow players cast spells, find out artifacts, and encounter legendary beasts and iconic characters.

Pokemon Go Dev Niantic increases $200 Million

according to Niantic, the innovator of the hugely common Pokemon game Go augmented fact game, has raised another $200 mn in funding. The firm had previously brought in $30 mn in its Series A round after being spun out of Google, where it released as an internal start-up. It's not hard to see how Niantic managed to bring in this amount; Pokemon game Go become a worldwide sensation the time it released in 2016, getting players to venture out into the real world to capture virtual Pokemon game with their smartphones. Earlier this 30 days we learned which the firm is working on another AR with yet another huge franchise; Harry Potter. Called Harry Potter: Wizards Unite, it's determine to arrive in 2018 and going to have players visiting real-world locations to cast spells and find out artifacts.

collected by :Syrena Smith

a>