Monday, April 22, 2013

Kik Raises $19.5M Series B, Bets On Its Cards Platform Play To Take On WhatsApp And Others

imageKik 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 with the recently-introduced Cards feature.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/dpySq4m9OfY/

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