Tech Company Financing Transactions
Kik Interactive Funding Round
Kik Interactive, based in Waterloo ON, secured $50 million from Tencent Holdings.
Transaction Overview
Company Name
Announced On
8/19/2015
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Kik said it plans to use the series D funding -- which brings total funding to $120.5 million -- to hire staff in Waterloo and invest in other chat-based services.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
420 Weber St. North I
Waterloo ON, N2L 4E7
Canada
Waterloo ON, N2L 4E7
Canada
Phone
Website
Email Address
Overview
Kik Interactive is all about sharing and connecting. Kik Messenger is a cross-platform application that allows real-time instant messaging for individuals and groups, as well as photo sharing.
Management Team
Title
Name
Email & Social
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Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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