KickApps Gets $14 Million in Series C Funding
Wednesday, November 26th, 2008
KickApps announced that they received Series C funding of $14 million dollars. The round was led by North Atlantic Capital, Softbank, Spark Capital, and Prism Ventures.
The additional funding will help KickApps continue to exand its product development and international expansion. Currently 35% of KickApps customers come from outside the US.
“KickApps is aggressively extending the scope of services we provide online publishers in a number of important ways,” said Alex Blum, KickApps CEO in a statement. “As a next generation website operating system, our mission is to transform a number of traditional services — video players, editorial presentation, advertising, analytics, marketing, customer relationships — into highly interactive experiences that are contextually informed by live, actionable data.”
KickApps currently powers social services on over 48,000 websites, including Guinness World Records and a New York Knicks Webpage. The company also powered John McCain’s social network, McCainSpace, during the 2008 Presidential campaign.
The additional round of funding in a turbulent market validates the continued customer demand for social media and KickApps business model.