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’s search platform offers fast and intuitive search on both PC and mobile –even on a messenger.
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, Ontario N2L 4E7