| |||||||||||||||
![]()
Social media platform KickApps Corp. has raised a $14 million Series C round led by North Atlantic Capital. Previous investors Softbank, Spark Capital, Prism Ventures and former Liberty Digital Inc. CEO Jarl Mohn also participated. KickApps said North Atlantic managing director Mark Morrissette has joined the startup's board. Not too long after it launched the latest version of its platform in January, rumors began to circulate that KickApps was close to being acquired for $90 million by AOL LLC, in the wake of the Time Warner Inc. [TWX] unit's $850 million purchase of social networking site Bebo Inc. But it appears the startup, which helps Web sites produce widgets -- Web-based programs that users can download and take to other sites -- still plans to go it alone. The latest funding adds to the $18 million the company previous raised, including an $11 million Series B round from Softbank, Spark and Prism last year. Spark and Prism also participated in the company's $7 million Series A round in 2005. KickApps said the latest funding will be used to boost the company's expansion into new markets and for continued product innovation. - Olaf de Senerpont Domis See Nov. 25 press release on KickApps' Series C from BusinessWire See March 14 post on AOL rumors from Tech Confidential See March 13 post on AOL's Bebo acquisition from Tech Confidential For more, see TechCrunch
![]()
![]() ![]() ![]() ![]() Community
![]() Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| |||||||||||||||
| |||||||||||||||