The founder of messaging app Kik, 23-year-old entrepreneur Ted Livingston, has donated $1 million to The University of Waterloo’s VeloCity Residence, a residence-based mobile and digital startups incubator (dormcubator?) where his own startup ambitions were sparked.
The University of Waterloo will now also establish a $1 million seed fund for student startups and intends to provide “at least 30… → Read More
Mobile messaging startup Kik Interactive has raised $8 million in Series A funding from RRE Ventures, Spark Capital, and Union Square Ventures. Kik also announced that Union Square Ventures’ Fred Wilson and RRE Ventures’ Adam Ludwin are joining the company’s Board of Directors.
Kik Messenger is a once in a lifetime startup success story, going from 0 to 1.5 million users in 18 days. Aside from being free, the app is available multi-platform and is insanely fast, in fact its speed is what sets it apart from competitors like What’sApp and Ping Chat.
“It’s like you can feel the person on the other side of the chat” says founder Ted Livingston. Of Kik’s 1.5 million users… → Read More