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RRE
143
companies
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Jobs

Locations

Waterloo, ON, Canada · Santa Monica, CA, USA

industry

Blockchain and Crypto · Finance · Hardware · Information Technology · Internet Services · Media · Mobile, Platforms, and Apps · Software · Telecommunication

Size

51-200 employees

Stage

IPO

founded in

2009

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.

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