When it comes to mobile gaming, the Pokemon GO developer Niantic is the first name to pop into mind. After a major success and the announcement of more to come, it’s only natural for more responsibilities to come. As of lately, the net worth of the company is now up to $4 billion. This is thanks to a big funding led by venture-capital firm IVP.
Apart from IVP though, there are two more strategic investors helping out the deed, Samsung Electronic Co and aXiomatic Gaming LLC. As the Washington Journal reveals, the San Fransisco company will get to almost 4 billion dollars that way. 3.9 billion dollars to be exact.
Niantic is working on a several projects right now. Other than supporting Pokemon GO with new updates, events and themed gatherings, the company has more in store for the future. For example, we already know that they are working on a new AR mobile game, based on the Harry Potter books.
Harry Potter: Wizards Unite will release next year, with hopes of becoming as successful as Pokemon GO.
Apart from that, though, Niantic has acquired Seismic Games, another studio focused on AR games. We still don’t know if this team will work on Pokemon GO, or Harry Potter: Wizards Unite or a new project altogether. We’ll have to wait in order to find out more. For all we know, any future project of Niantic is only sure to have some popularity. After that first period, they’ll have to earn its place in the rankings.
As for Pokemon GO, PvP has already been added to the game along with new pokemon from the 4th generation. Note that a new holiday event is underway, including boosts and higher encounter rates for ice pokemon. This is only the start for AR games of that caliber, so let’s see what the future holds.