Niantic raises $200 million as it prepares to develop a Harry Potter AR game

Niantic, Inc. announced today that it has raised a fresh round of capital — $200 million to be exact, as first reported by the Wall Street Journal.

The Series B round was led by Spark Capital, with participation from Founders Fund, Meritech, Javelin Venture Partners, and NeatEase. Spark Capital partner Megan Quinn will join Niantic’s board.