Kik has raised a $19.5M Series B funding round led by Foundation Capital and including RRE Ventures, Spark Capital and Union Square Ventures.

Kik was founded in 2009, when a small but incredibly passionate group of University of Waterloo students decided to build a company that would shift the center of computing from the PC to the phone.

Fast forward to today, and Kik Messenger has become the simplest, fastest, most life-like chat experience you can get on a smartphone.