Niantic

Niantic is a software and game development company based in San Francisco; best known for developing the augmented reality mobile games Ingress, Pokémon Go, and Harry Potter: Wizards Unite.

The company was formed as Niantic Labs in 2010 as an internal startup within Google. The company became an independent entity in October 2015 with John Hanke as founder and CEO. It has offices in San Francisco, Bellevue, Los Angeles, Sunnyvale, Hong Kong, Tokyo, and London.

During the spinout, Niantic announced that Google, Nintendo, and The Pokémon Company would invest up to $30 million in Series-A funding, $20 million upfront and the remaining $10 million in financing conditioned upon the company achieving certain milestones, to support the growth of the company and its products. In February 2016, Niantic announced that it secured an additional $5 million in Series A funding from Alsop Louie Partners and You & Mr. Jones Brandtech Ventures, as well as angel investors Lucas Nealan, Cyan Banister, and Scott Banister.

In July 2018, Niantic announced the acquisition of LA-based gaming studio, Seismic Games. Composed of industry veterans from EA/Pandemic and Activision, and best known for co-developing Marvel Strike Force, the addition of Seismic Games to Niantic significantly accelerated their ability to deliver all new AR experiences that continue to bridge the physical and digital worlds.

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Last updated byAnonymous on March 10, 2020
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