Posts filtered by tags: Niantic[x]


The CEO behind 'Pokémon Go' says the company is cash-flow positive as it becomes worth almost $4 billion

Niantic, the developer of "Pokémon Go" and the forthcoming "Harry Potter: Wizards Unite," announced that it's raised $245 million in a deal valuing it at "almost $4 billion." CEO John Hanke tells us that Niantic is cash-flow positive, but the money helps it bunker down for a possible venture capital crunch as it starts the years-long road towards a possible IPO. The funding round brings in Samsung and Axiomatic Games as strategic investors — two companies that Hanke says are very important for...
Tags: Apple, Google, Samsung, Trends, Reddit, Nintendo, Harry Potter, Warner Bros, IVP, Business Insider, Wilmington Delaware, Niantic, Jeff Vinik, John Hanke, Warner Bros Interactive Entertainment, Pokemon Go

Niantic finalizes its Series C at $245M with a valuation of nearly $4B

We’ve known since around December that Niantic (the company behind Pokémon GO and the soon to be released Harry Potter Wizards Unite) was in the middle of raising a ton of money for its Series C round. At the time, it looked like it’d come in around $200M dollars. The company has just officially announced the round, disclosing the final amount: $245 million. Niantic says that the round was led by IVP, and backed by aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV, and Samsung ...
Tags: TC, Tech, Pokemon, IVP, Niantic, Wizards Unite, Harry Potter Wizards Unite, Samsung Ventures They

Niantic racks up $245 mln Series C

Niantic Inc, creator of Pokémon GO, is raising $245 million in Series C financing. IVP is leading the round with participation from aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV and Samsung Ventures. Source: Press Release
Tags: Trends, IVP, Niantic, VC Deals, C. Niantic Inc, Samsung Ventures Source

‘Pokemon Go’ Developer Secures $245 Million in Series C Funding

Niantic, the developer behind “Pokemon Go,” finished its Series C financing with $245 million on Wednesday, according to a press release. The latest round of funding brings Niantic’s valuation to nearly $4 billion. The Series C funding was led by IVP, and additional investments came from aXiomatic Gaming, Battery Ventures, Causeway Media Partners, CRV, and Samsung […]
Tags: News, Samsung, Augmented Reality, IVP, Niantic, Pokemon Go, Harry Potter: Wizards Unite, Causeway Media Partners CRV

Pokemon Go creator Niantic raises $245 million at $4 billion valuation

Pokemon Go creator Niantic Inc said on Wednesday it had raised $245 million in a new round of financing bringing its valuation to nearly $4 billion.
Tags: Money, businessNews, Niantic, Niantic Inc

What to Expect in 2019: Retail Trends

By Rieva Lesonsky Most of us small business owners start the new year with mixed emotions. We’re hopeful and optimistic about growing our businesses, yet with anxious about all the challenges we know we’ll face. To find out what lies ahead, I’ve collected a number of tips, predictions and advice from people in the know. We’ll be exploring general consumer, financial and economic trends, as well as what to expect in the fields of marketing, technology, retail, HR and money. We also have contribu...
Tags: Amazon, Facebook, Business, Instagram, Youtube, Disney, US, Billie, Sales & Marketing, Walmart, Customers, United States, Victoria, Ibotta, Right Now, Justine

Startups Weekly: VCs celebrate the new year the only way they know how

Venture capitalists swore in the new year the only way they know how… by submitting SEC paperwork for new funds! insert party hat/confetti emoji here. As many of us brainstormed our New Year’s resolutions and let our hangovers wear off, several firms began this week what for some is a long and arduous process of raising a VC fund and for others is as simple as a few phone calls to LPs. What else happened this week? Pokémon GO creator Niantic secured $190 million, Mary Meeker announced the name o...
Tags: Startups, Spacex, Elon Musk, China, India, Tech, Tesla, Venture Capital, SEC, Mary Meeker, Union Square Ventures, Dfj, Lucas Matney, Niantic, Connie Loizos, Atlas Venture

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Friday. Apple has slipped further down the ranks of the most valuable companies, dropping behind Google parent Alphabet to fourth place. Its valuation, once above $1 trillion, slipped to around $680 billion on Thursday. Wall Street took an apocalyptic view of Apple's shock sales warning, with analysts almost universally reducing their price targets. Analysts worried that China's economic slowdown had impacted Apple so severely. Apple's ...
Tags: Apple, Google, New York, NYC, Saudi Arabia, China, Trends, Tesla, Netflix, Harry Potter, SEC, Andrew Cuomo, Alexa, Zuckerberg, Niantic, Ahuja

Pokémon GO creator Niantic closes $190M funding round

Mobile AR gaming startup Niantic has closed a $190 million round of funding according to newly-filed SEC docs. The filing comes after a WSJ report last month suggested the company was in the process of closing a $200 million raise from investors including IVP, aXiomatic Gaming and Samsung at a $3.9 billion valuation. The round closed shortly after that report on December 20 according to the new documents. With the close of this round, Niantic has now raised more than $415 million to date. The st...
Tags: TC, Samsung, Tech, Pokemon, SEC, Augmented Reality, IVP, WSJ, Niantic

‘Pokémon Go’ Global Revenue Grew 37% in 2018 (Analyst)

Niantic’s popular augmented reality game “Pokémon Go” made an estimated $795 million worldwide in 2018, a 35% increase over the previous year, according to market intelligence company Sensor Tower. The app was aided by a strong December, which saw global player spending on the App Store and Google Play exceed $75 million, Sensor Tower said. […]
Tags: Google, News, Niantic, Pokemon Go, Sensor Tower

Magic Leap and other AR startups have a rough 2019 ahead of them

Very rarely does an early technology garner such an air of inevitability like AR has in the past few years. 2018 was supposed to be a year where the foundational tech for augmented reality was built out a bit and the industry took a couple big leaps. Things started off well-enough, but momentum really doesn’t seem be on the side of some of the industry’s heaviest hitters heading into 2019, suggesting that life for earlier-stage startups may not be much easier. There are plenty of reasons to be l...
Tags: Apple, Google, Microsoft, Tech, Intel, Harry Potter, North, Magic Leap, Niantic, Facebooks, Pokemon Go, Vuzix

Niantic Fans Walked 17,000 Kilometers At Social Impact Events in 2018

Fans of Niantic’s augmented reality apps, like “Pokémon Go” and “Ingress Prime,” walked about 17,000 kilometers during social impact events, the developer said in a blog post on Friday. That’s almost as far as walking from New York to Tokyo twice, it said. “In the early days at Niantic, we witnessed firsthand the powerful positive […]
Tags: New York, News, Tokyo, Niantic, Pokemon Go, Ingress Prime, Niantic Fans Walked, Social Impact Events

‘Pokemon Go’ Publisher Seeks $3.9 Billion Valuation, $200 Million in Funding

Niantic Inc., the publisher behind “Pokémon Go,” is working to raise a new round of capital investment which would increase the valuation of the company to $3.9 billion, The Wall Street Journal reports. The publisher is seeking out $200 million in an upcoming round of funding that is expected to be led by the venture […]
Tags: News, Pokemon, Wall Street Journal, Niantic, Niantic Inc, Pokemon Go

Pokémon Go Maker Is Seeking a $3.9 Billion Valuation

The San Francisco-based company is planning to raise at least $200 million in a round led by venture capital firm IVP, said the person, who asked not to be identified because the discussions are private. Samsung Electronics Co. and AXiomatic Gaming LLC are also expected to invest. A spokesman for Niantic declined to comment.
Tags: Science, San Francisco, IVP, Niantic, Samsung Electronics Co, AXiomatic Gaming LLC

There's a very good reason why Samsung is betting big that the creator of 'Pokémon Go' is now worth $3.9 billion

Niantic, the developer of "Pokémon Go," is said to be raising a new round of $200 million, bringing its valuation to $3.9 billion. It's a reflection of the continued success of "Pokémon Go" and the sky-high expectations for its forthcoming "Harry Potter: Wizards Unite." Niantic is slowly realigning itself as a maker of tools for other developers — a model that's served "Fortnite" maker Epic Games to great effect. Samsung, which is participating in the funding round, has already said it's colla...
Tags: Apple, Google, Facebook, China, Samsung, Trends, Epic, Peter Thiel, Nintendo, Harry Potter, Miami, Silicon Valley, Wall Street Journal, IVP, Inquirer, Niantic

Niantic reportedly raising $200M at $3.9B valuation

Pokémon Go creator Niantic is raising a $200 million Series C at a valuation of $3.9 billion according to a report from Katie Roof at the WSJ. The round is expected to be led by IVP with participation from Samsung and aXiomatic Gaming. The upcoming raise would bring the company’s total funding to $425 million according to Crunchbase. Niantic’s last round was raised at a $3 billion valuation. TechCrunch has reached out to Niantic for comment. The gaming startup which has invested significantly...
Tags: Google, Startups, TC, Samsung, Tech, Harry Potter, Ar, Augmented Reality, IVP, Katie Roof, Niantic, Pokemon Go, Wizards Unite, Recent Funding, Crunchbase Niantic

'Pokémon GO': How To Pick The Best Team For PvP Trainer Battles

PvP is here in Pokémon GO, and it's a good day. Finally, everything that Niantic included in the reveal trailer is live in-game, and we now have something to actually do when we meet strangers at Raids. But while battling is fun, there's something even more fun than that, and that's winning. You'll still get rewards if you don't win, but you want to win, right? As always in the world of Pokemon, winning comes down to picking the right team, and that's doubly true in...
Tags: News, Pokemon, Niantic, Pokemon Go

You can now battle your friends and strangers in Pokémon Go. Here's how it all works

After two and a half years, Pokémon Go players finally have the ability to battle each other, thanks to a long-awaited new update. The update literally changes the game: It introduces a revamped battle system that lets Pokémon learn a third attack, introducing a whole new layer of strategy.  The fights themselves let trainers take a team of three Pokémon into battle, with otherwise hard-to-find items as a possible prize for the victor. To start a battle, you'll generally need to be close enou...
Tags: Trends, Pokemon, Niantic, Developer Niantic, Master League

Pokémon GO trainer battles are now live (for some players)

Last week we did a deep dive on how Pokémon GO’s new (and long overdue) player-versus-player battle system would work. The only thing we didn’t know at the time was when, exactly, it would actually start rolling out. The answer: tonight. Just a few days ago, Niantic started shipping an update to the app that contained everything required for PvP, but they’d yet to actually flip the switch to turn it on. According to a tweet that just went live from the Pokémon GO account, it seems said switches ...
Tags: Startups, TC, Pokemon, Niantic, PVP, GOBattle Trainers

WaveOptics nabs $26M as it sets its sights on lower-cost AR hardware

At the heart of the lightweight augmented reality glasses that you’ve been promised is a display engine that a handful of tech companies are racing to improve. WaveOptics is one such startup looking to expand the capabilities and shrink the form factor of waveguide displays. The U.K.-based company has just raised $26 million in what it’s calling the “first stage” of its Series C. The money is coming from Octopus Ventures as well as IP Group, Robert Bosch Venture Capital, Gobi Partners, Goertek a...
Tags: Apple, Startups, Tech, Augmented Reality, Magic Leap, Mitsubishi, Denver, Octopus Ventures, Waveoptics, SUNNYVALE, Niantic, Recent Funding, DigiLens, U K based company, Optimas Capital Partners Late, Akonia Holographics Apple

App Stores to pass $122B in 2019, with gaming and subscriptions driving growth

Mobile intelligence and data firm App Annie is today releasing its 2019 predictions for the worldwide app economy, including its forecast around consumer spending, gaming, the subscription market, and other highlights. Most notably, it expects the worldwide gross consumer spend in apps – meaning before the app stores take their own cut – to surpass $122 billion next year, which is double the size of the global box office market, for comparison’s sake. According to the new forecast, the worldwide...
Tags: Mobile, Gaming, Apps, Games, Media, Instagram, China, Disney, Tech, Bloomberg, Tencent, App Stores, Harry Potter, Starbucks, App-store, App Annie

Trainer Battles Coming to ‘Pokemon Go’

Soon you will be able to battle it out with trainers in “Pokemon Go,” developer Niantic revealed Tuesday on the official website. The feature will allow players to challenge friends, as well as other trainers they happen across while enjoying the game. Unlike iconic battles with other Pokemon trainers in the classic Gameboy-era and beyond […]
Tags: News, Mobile Gaming, Niantic Labs, Niantic, The Pokemon Company, Pokemon Go

Pokémon GO is finally getting player-versus-player battles. Here’s how they’ll work

Two and a half years after launch, Pokémon GO is at last getting player-versus-player battling. If you’ve already had your fun with GO and moved on, that headline is probably all you need to know — it’s either enough to re-spark your interest, or not. But if you’re still polishing up that Pokédex, hatchin’ eggs, and raiding every weekend, you’re probably itching for a few more details. Good news! I got to run through a few battles late last week, and I noted damned near everything that was menti...
Tags: TC, Tech, Pokemon, Don, Niantic, Great League, Blanche Mystic Candela Valor, CP Ultra League

Here's how battling other players in Pokémon Go will work

After two and a half years, Pokémon Go players will finally get the ability to challenge other players to Pokémon battles.  The update will literally change the game: It introduces a revamped battle system that lets Pokémon learn a third attack, introducing a whole new layer of strategy.  The fights themselves will let trainers take a team of three Pokémon into battle, with otherwise hard-to-find items as a possible prize for the victor. To start a battle, you'll generally need to be close en...
Tags: Trends, Pokemon, Niantic, Pok, Master League

‘Pokémon GO’ trainer battles to have leagues, badges, and Sinnoh Stone rewards

Pokémon Go will be getting new trainer battle features this month that include three leagues, 3 vs. 3 combat, and the ability for players to challenge nearby opponents, long-distance friends, and even train with Team Leader A.I. The post ‘Pokémon GO’ trainer battles to have leagues, badges, and Sinnoh Stone rewards appeared first on Digital Trends.
Tags: Mobile, Gaming, News, Trends, Niantic, PVP, Pokemon Go, Trainer Battles

Pokemon Go Now An Actual Pokemon Game With Trainer Battles

Mobile game developer Niantic has revealed that multiplayer Pokemon trainer battles will finally be coming to Pokemon Go. The announcement comes directly from the Pokemon Go official Twitter account: Trainer Battles will have three distinct leagues: the Great League will have a maximum of 1,500 CP per Pokemon, the Ultra League will have a maximum […]
Tags: Games, Smartphones, Pokemon, Anime, Announcements, RPG, Niantic, Great League, Ultra League

'Pokémon Go' is finally getting the key feature that players have wanted for years — the ability to battle each other

Developer Niantic revealed on Friday that trainer battles are coming to "Pokémon Go." Despite player-versus-player (PvP) battles being a major part of the traditional Pokémon games, "Pokémon Go" has always focused more on exploration and catching wild monsters. Niantic has yet to offer specific details on how battles between players will function. "Pokémon Go" creator Niantic revealed via Twitter that player-versus-player battles will be coming soon, answering the wishes of the game's most de...
Tags: Apple, Trends, Pokemon, Harry Potter, Ingress, Rowling, Niantic

After more than two years, ‘Pokémon Go’ will finally get trainer battles

After more than two years, Niantic's Pokémon Go is finally going to get trainer battles. The developer teased the news on Twitter with a series of cryptic images and videos before making it official. The post After more than two years, ‘Pokémon Go’ will finally get trainer battles appeared first on Digital Trends.
Tags: Mobile, Gaming, News, Trends, Nintendo, Pokemon, Niantic, Battles

Samsung said to invest $40 million in Niantic for ‘exclusive games’ including Harry Potter game for Galaxy smartphones

Samsung is said to be planning to invest close to $40 million in Pokémon Go game creator Niantic in a deal to bring out “exclusive games,” according to sources. The deal could be announced within the next few weeks and will also see Niantic's games come pre-loaded on Galaxy smartphones. The main focus will be an exclusive Harry Potter game which will utilize Samsung's S-Pen stylus as a makeshift magic wand. However, it's currently unclear whether this will arrive as a reworked version of Nian...
Tags: Samsung, Blogging, Rumors, Harry Potter, Samsung Galaxy, Niantic

UNWTO Partners with Niantic to Develop Innovative Tourism Experiences through Real-World Games

The World Tourism Organization (UNWTO) has partnered with one of its newest Affiliate Members, real-world games developer Niantic, to enhance global tourism through the use of mobile augmented reality game experiences.
Tags: Travel, Niantic, World Tourism Organization UNWTO, UNWTO Partners