SAN FRANCISCO, July 14, 2016 /PRNewswire/ -- With an estimated 60% share of 3rd party Android keyboard apps across the globe, Kika Tech today announced the completion of a $33M series B+ funding. The series B+ funding was led by Cheetah Mobile and other investors including QianKunHanHai, China Prosperity Capital, and Five Stars Capital.
With the latest round of investment, Kika is now ready to fasten the expansion to top markets such as United States, India, Brazil, and Mexico, where the company had secured the largest market share within less then two years.
Kika's core product Kika Keyboard, available in the Google Play Store, has secured over 150M downloads and 50M MAUs in less than 2 years. The keyboard is the most downloaded 3rd-party keyboard in the Google Play store and has given others tough competition with its range of emojis, top engine, and customization features among others.
Commenting on the new round of funding, Bill Hu, Co-founder and CEO of Kika Tech, said, "The new investments will enable Kika to fasten our strategic plan of localization and secure new growth in our major markets including United States, India, Brazil, and Mexico, etc. We are also now ready to extend our product line and strengthen our investment in the research and development in robots, voice engine, automobiles and other smart devices' input interaction, so as to continue our efforts in building the largest next-generation keyboard globally."
Key Timeline of Events
- June 2014 Kika Keyboard launched in Google Play Store
- June 2016 Reached 150M downloads and 50M MAU
- Feb 2016 Raised $30.6M Series B Round
- July 2016 Raised $33M Series B+ Round
With a mission to foster creative interaction universally, Kika works on innovative technologies to support human expression powered by machine learning through next-generation keyboard applications. More than just emoji and GIF sharing app, Kika's keyboard apps provides users with super-fast typing & swiping, natural language prediction, theme & layout customization, and an open plugin platform capable of making any task more convenient. The founding of Kika Tech is the story of a team of engineers, who are all passionate about making human communication in the World today and in the future easier, friendlier, and more personal across ANY and ALL operating systems, social platforms and devices.
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SOURCE Kika Tech Inc