Today Kiip is excited to announce a ‘moment of happiness’ of our own – an $11 million Series B round of very smart and influential money, far and away our largest funding event to date.
We are honored that Relay Ventures has decided to lead this round. This is a firm that knows the mobile world extremely well and has an uncanny track record for identifying and turbo-charging winning ideas, and we are thrilled that Relay Ventures managing director Kevin Talbot will be joining the Kiip board of directors. This B round also enabled us to further reinforce our relationship with our Series A champions Hummer Winblad and True Ventures. As a part of this round, various strategics also participated. These companies are multinational brands with an amazing history in the advertising space. We will be sharing more about these companies in the weeks to come.
This major infusion of capital and influence is a tremendous validation of our game-changing mobile rewards model. We’re excited to continue to bring even more rewards to your everyday lives and to also build products that are a joy to use by our developer partners and our brand advertisers. Even better, this funding provides us with the juice to widen our lead in the space that we created, and to establish moments-based rewards as a mainstay of how people everywhere engage with games, apps, brands – and above all, moments.
Brian, Courtney, Amadeus & the Kiip Team