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.

Waterloo, ON, Canada

Santa Monica, CA, USA

At RRE, we are committed to helping founders build category-defining companies in industries ranging from financial services (OnDeck, Avant, Venmo) to 3D printing (Makerbot), and from media (BuzzFeed, Business Insider, TheSkimm) to space and robotics (Jibo, Spaceflight, Spire). We invest primarily in Seed, Series A, and Series B rounds, and we take pride in being active strategic and operational - as well as financial - partners. Our unparalleled network of relationships across multiple industries and countries allows us to help the companies we invest in with strategy, business development, marketing, recruiting, and much more. Simply put, we think of ourselves as being far more than just a source of capital for companies.

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