Kik mulls monetization after messaging platform tops 50M users
Anyone who pays even cursory attention to the mobile ecosystem knows that the over-the-top messaging segment is the hottest thing going, and few OTT players are hotter than Kik Interactive, which earlier this month closed a $19.5 million Series B funding round led by Foundation Capital. Its free Kik Messenger application supports chat-based conversations across platforms including Apple's iOS and Google's Android and lets users sign in with their Kik username, not their phone number, to guarantee control over their privacy.
Kik Messenger recently surpassed 50 million users and is adding 200,000 new users per day. Now the company is exploring options to monetize that growth. Kik Interactive CEO Ted Livingston spoke to FierceDeveloper about the firm's surging adoption, building out its platform and the importance of anticipating new opportunities. Developer Workshop