/// What’s Next for Kik, One of the Original Mobile Messaging Hotshots

November 29, 2012  |  All Things Digital


Mobile messaging apps — WhatsApp, KakaoTalk, Line, WeChat, Voxer, Kik, etc — are in an interesting spot. They are some of the largest, most-used and best-loved apps in the world. They dominate their various countries and regions. But it’s not necessarily clear how they evolve and become long-lasting businesses. Are they social networks? Alternatives to mobile carriers? Or what? Kik Messenger was early in this category, launching in late 2010 as the first app that mined users’ address books to find friends when they sign up ( before that was more closely regulated ). After explosive growth as a cross-platform alternative to the popular BlackBerry chat app BBM — it got its first million users in 15 days — Kik lost a step when it was blocked and sued by Research in Motion. (That was particularly crushing given Kik founder and CEO Ted Livingston had interned at RIM and stayed in touch with the company as he dropped out of college to found his start-up.) Livingston said this week that his app has not been standing still. Kik still signs up 100,000 new users per day, for a total of 30 million registered users. Even after the lawsuit, Kik managed to close $8 million in Series A funding from RRE Ventures, Spark Capital, and Union Square Ventures — and $4.3 million since then in bridge funding from the same investors as it’s paid legal bills and plotted its next move

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What’s Next for Kik, One of the Original Mobile Messaging Hotshots

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