Keek Adds 6 Million Users In 30 Days, Raises $18 Million


Keek, a social video sharing startup based out of Toronto, has raised $18 million and added six million users in just the past 30 days. Its $18 million round of funding was lead by AGF Investments, Pinetree Capita, Plazacorp Ventures and Cranson Capital.

Back in October of 2012, the startup raised $7 million which went towards expanding its network and brings its total investment to date to $30 million. Along with announcing six million new users in 30 days, Keek also shared its averaging 200,000 new sign-ups per day. There are around eight million comments and likes per month including 30 million follows or subscriptions per month.

From founder and CEO Isaac Raichyk:

“We, from the beginning, have looked at video as a form of communication. It’s a way for people to communicate with their friends, with the followers, with their fans, or whoever, but it’s a way to communicate. We don’t provide any beautification filters, no video editing, just point; shoot; upload; communicate.”

When asked why Keek needed an additional $18 million investment, Isaac explained that this new round of funding brings on some big-name investors and prepares it for a massive expansion of its infrastructure. The social video sharing platform currently features such celebrities as Adam Lambert and Kim Kardashian. To learn more about Keek you can go here.



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