As 'South-by' Nears, Social Media Sites Put On the Ritz

The race to win the group messaging wars ahead of this year’s South by Southwest Interactive festival continues: On Monday, Kik, a group messaging service that operates on multiple platforms, announced a new version of its application for both iOS and Android.

Kik also said that it has closed an $8 million round of Series A funding with RRE Ventures, Spark Capital and Union Square Ventures. Fred Wilson of USV and Adam Ludwin of RRE have joined Kik’s board of directors.
 
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