KickApps Closes Series B Financing

KickApps announced today that we’ve closed our Series B financing. This is a very significant milestone for the company, its employees, customers and partners. We’re in a great position to expand on our leadership in this rapidly growing market and to execute against our plans to deliver the best social media platform to publishers of all sizes, global brands, media and entertainment companies, and web developers around the world.

I want to thank everyone at KickApps, our customers, partners and investors for all their hard work and belief in our vision. I’m very excited about what the future holds for KickApps and look forward to delivering on the promise of Social Media to transform the way people engage and interact with publishers and each other.

Finally, I wanted to take a moment to clarify some confusion yesterday that was created around the amount of financing we raised due to incorrect and unconfirmed reporting by a financial publication. We raised $11 million in a round that was led by our newest investor, SoftBank Capital. Our existing investors Spark Capital, Prism VentureWorks and Jarl Mohn participated in the round as well. Santo, Woody, Jarl, Sara and now Jordan have been instrumental in our success and are a true A-Team in the boardroom. This new round will enable us to be even more aggressive in evolving our platform and also in making sure that everyone who is considering deploying social media on their sites uses KickApps.

Now, back to work…we’ve got some cool things coming around the corner.