Kik has raised a $19.5M Series B funding round, the company revealed today, led by Foundation Capital and including RRE Ventures, Spark Capital and Union Square Ventures. The Waterloo-based messaging app company will be using the funding to help continue to support its growth, and the new injection of cash comes at a crucial point for the company as it sets its sights on broader platform ambitions… → Read More
Exclusive – Talk about a halo effect. Kik, a developer of cross-platform mobile communication apps, says something really strange happened when they launched their Windows Phone 7 application last June: user growth across the iOS and Android platform both accelerated significantly.
Turns out every registered user of the Windows Phone 7 Kik Messenger app is ‘worth’ 2.53 users (see explanation on… → Read More
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.
Launched in October 2010, Kik Messenger is an uber-speedy mobile messaging app. It’s similar to BlackBerry Messenger… → Read More
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
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