KickApps has closed its Series C funding of $14 million to accelerate company expansion into new markets and continued product innovation. The round was led by North Atlantic Capital, with participation from existing investors Softbank, Spark Capital, Prism Ventures and Jarl Mohn, former CEO of Liberty Digital, Inc.
The financing follows the company’s rapid growth and adoption of its Platform by web publishers and brands worldwide over the last eighteen months. During this time, digital strategists, developers and designers turned to KickApps to integrate social features, such as social networks, media sharing, commenting, rating, blogs, widgets, online video and message boards, throughout their websites.
KickApps currently powers social and media experiences on over 48,000 websites in virtually every industry, including media, entertainment, sports, magazine publishing, travel, live events, radio, television, online retail, food, healthcare, fitness, education, non-profits and B2B online communities. This was also fueled by the company’s international expansion, through a growing market presence in Europe, South America and Asia, representing approximately 35 percent of its customer base.
Originally posted on November 25, 2008 @ 8:08 pm