Google's augmented reality game spinoff has secured $245m in a Samsung and Axiomatic-backed series C round at a $4bn post-money valuation.
US-based augmented reality (AR) game studio Niantic confirmed today it has secured $245m in a series C round featuring eSports platform Axiomatic and Samsung Ventures, a subsidiary of consumer electronics producer Samsung.
Institutional Venture Partners led the round, which included two more venture capital firms, Battery Ventures and Causeway Media Partners. It valued Niantic at almost $4bn post-money and followed recent reports that it was set to raise $200m.
Spun off in 2015 from internet technology provider Google, where…
