Niantic targets $3.9-billion valuation

Jamie McKane

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Niantic targets $3.9-billion valuation

Niantic Inc., the company behind the popular game Pokémon Go, is looking to catch a $3.9 billion valuation, according to a person familiar with the matter.

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.

[Bloomberg]
 
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