Kik was founded in 2009, when a small group of University of Waterloo students decided to build a company that would shift the center of computing from the PC to the phone.
Based in Waterloo, Ontario, the company now has more than 100 employees working on Kik, a chat app that lets users connect with people, services, and businesses.
Kik is backed by major venture capitalists and has raised $120.5M to date. Its VCs are the same firms that first helped Twitter, Foursquare, Zynga and others become household names. China's Tencent, maker of WeChat, is a strategic investor.
Kik has more than 300 million registered users. According to a study by Frank N. Magid Associates, Kik users spend 35 minutes per session in the app.
More than 40% of young Americans are actively using Kik as their primary messenger app.
Funding Rounds (5) - $120.5MUpdate
Current Team (7)Update
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Facebook is an online social networking service that enables its users to connect with friends and family as well as make new connections.
Kakao is a global mobile lifestyle platform company.
LINE Corporation develops calling and messaging applications
Tencent is a Chinese internet service portal offering value-added internet, mobile, telecom, and online advertising services.
WhatsApp is a proprietary, cross-platform, free instant messaging subscription service for smartphones.
420 Weber St. North, Unit I
Waterloo, ON N2L 4E7