Kik Interactive was founded in 2009 by a group of students from the
University of Waterloo in Canada who wished to create new technologies for use on mobile smartphones. Kik Messenger is the first app developed by Kik Interactive, and was released on October 19, 2010. Within 15 days of its release, Kik Messenger reached one million user registrations, with
Twitter being credited as a catalyst for the new application's popularity. On November 24, 2010,
Research In Motion (RIM) removed Kik Messenger from
BlackBerry App World and limited the functionality of the software for its users. RIM also sued Kik Interactive for
patent infringement and misuse of trademarks. In October 2013, the companies settled the lawsuit, with the terms undisclosed. In November 2014, Kik announced a $38.3 million Series C funding round and its first acquisition, buying GIF Messenger "Relay". The funding was from Valiant Capital Partners, Millennium Technology Value Partners, and SV Angel. By this time, Kik had raised a total of $70.5 million. On August 16, 2015, Kik received a $50 million investment from Chinese Internet giant
Tencent, the parent company of the popular Chinese messaging service
WeChat. The investment earned the company a billion dollar valuation. Company CEO
Ted Livingston stated Kik's aspirations to become "the WeChat of the West" and said that attracting younger users was an important part of the company's strategy. In March 2016, the arrest of registered sex offender Thomas Paul Keeler II uncovered more than 200 Kik groups dedicated to the distribution and sale of child pornography on the site. In September 2016, CBS News published a story on the murder of 13-year-old Nicole Lovell, highlighting how easy it was to track and abuse children on Kik and calling it a "predator's paradise". Kik released a public statement through CBS on June 3, 2017 stating, "We take online safety very seriously, and we're constantly assessing and improving our trust and safety measures. Nicole Lovell suffered a terrible tragedy and our sincere condolences continue to go out to her family. Since the time of the incident, Kik has taken a variety of proactive measures to help increase safety on our platform." In an online investigation in August 2017,
Forbes staffers signed up for the service posing as 14-year-old girls and encountered 20 profiles of charged or sentenced pedophiles. In November 2017, Kik Messenger was removed from the Windows Store. As of 23 January 2018, neither the developers nor Microsoft have provided a statement or an explanation on the removal of the app. In January 2018, Kik updated its Terms of Service and Community Standards to "make Kik a more respectful and fun place". The site also introduced a moderation and trust and safety team to enforce the new community standards. Also in 2017, Kik decided against more VC funding, instead raising nearly $100 million in a high-profile
initial coin offering (ICO) on the
Ethereum blockchain. In this crowd sale, they sold "Kin" digital tokens to the contributors. In July 2018, the Kin Foundation released the Kinit beta app on the Google Play store, restricted to US residents only. It offers different ways of earning and spending the Kin coin natively; for example, a user can do simple surveys to earn Kin and spend it on digital goods like gift cards. In September 2019, Kik's CEO and founder
Ted Livingston, announced in a blog post that Kik Messenger would be shut down on 19 October 2019, with over 100 employees laid off. However this decision was later reversed and in October 2019, Medialab acquired Kik Messenger. ==Features==