Niantic Inc., the publisher of the popular “Pokémon Go” mobile app, is in the process of raising a new round of capital that would value the company at $3.9 billion, according to people familiar with the matter. The $200 million funding round is expected to be led by venture-capital firm IVP, with participation from strategic investors Samsung Electronics Co. and aXiomatic Gaming LLC.

Source: Wall Street Journal December 14, 2018 01:42 UTC