Yik Yak Secures $10M in Funding
Summary
Yik Yak, an Atlanta, GA-based social messaging app for private, localized engagement, secured $10m in funding.The round was led by DCM with participation from Azure Capital Partners, Renren Inc. (NYSE: RENN), a social networking company in China, and venture capitalist Tim Draper.The company intends to use the funds to build out infrastructure, hire new engineers, and expand nationally and globally.Founded in late 2013 by Brooks Buffington and Tyler Droll, Yik Yak is an app that connects localized users through its real-time social feed.Yik Yak, which is available for download on iOS and Android devices, previously received funding from Vaizra Investments, Atlanta Ventures and others (read here).
Funding
Amount
$10.0M
Total raised
Date
June 30, 2014
Announcement date
Investors
-
Lead investors
Company
http://www.yikyakapp.com/
Funded company
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applications
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