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Pokemon Go creator Niantic on Saturday announced receiving of Series B funding worth USD 200 million by Spark Capital, Founders Fund, Meritech, Javelin Venture Capital, You & Mr. Jones and NetEase.Inc. Spark partner Megan Quinn will also join Niantic's board as part of the new financing deal.According to TechCrunch, in its Series A round, Niantic raised USD 30 million in funding from an investor group including Alsop Loui Partners, Google, Nintendo, The Pokemon Company, Cyan and Scott Banister and others.Niantic, which began with the sci-fi spy game Ingress, was created during the company's time as an internal startup founded within tech giant, Google.Earlier this year, Niantic made its first acquisition of mobile social network developer, Evertoon.The augmented reality games company also recently announced its intent to build a mobile AR game based on Harry Potter. The game will be developed in partnership with Warner Bros. Interactive and released in 2018.
Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters.From Indonesia to Hong Kong and Cambodia, the wild popularity of Nintendo's (7974.T) augmented reality app is also driving lifestyle changes for many gamers, who must trudge through real-life locations in their quest.The game launched in many Southeast Asian countries on August 5, a month after the United States, New Zealand and Australia, but enthusiasts are finding they must first vanquish shaky transmission signals.In Indonesia, Muchamad Syaifudin, a 29-year-old bank employee, said he switched to a mobile carrier offering better data packages, while his friends snapped up modems, at a cost of $20 each, to lock on to the signals."We can bring the modems to play, especially at places where a signal is hard to find," Syaifudin told Reuters by telephone.He and his friends living in