Mxit Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 51

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

  • Investments
  • 1

Mxit General Information

Description

Developer of a mobile instant messaging (IM) application. The company's IM platform runs on more than 8,000 devices, including Android, BlackBerry, iPhone, iPad, Windows Phone and tablets.

Contact Information

Website
get.mxit.com
Formerly Known As
MXit Lifestyle
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • P.O. Box 12302
  • Die Boord
  • Stellenbosch, 7613
  • South Africa
Primary Industry
Communication Software
Other Industries
Social/Platform Software
Acquirer
World of Avatar
Vertical(s)
TMT, Mobile
Corporate Office
  • P.O. Box 12302
  • Die Boord
  • Stellenbosch, 7613
  • South Africa

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Mxit Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Mxit Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Mxit Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Mxit Acquisitions (1)

Mxit’s most recent deal was a Merger/Acquisition with Motribe. The deal was made on 01-Aug-2012.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Motribe 01-Aug-2012 Merger/Acquisition Software Development Applications
To view Mxit’s complete acquisitions history, request access »

Mxit FAQs

  • When was Mxit founded?

    Mxit was founded in 2004.

  • Where is Mxit headquartered?

    Mxit is headquartered in Stellenbosch, South Africa.

  • What is the size of Mxit?

    Mxit has 51 total employees.

  • What industry is Mxit in?

    Mxit’s primary industry is Communication Software.

  • Is Mxit a private or public company?

    Mxit is a Private company.

  • What is Mxit’s current revenue?

    The current revenue for Mxit is .

  • Who are Mxit’s investors?

    Naspers has invested in Mxit.

  • When was Mxit acquired?

    Mxit was acquired on 22-Sep-2011.

  • Who acquired Mxit?

    Mxit was acquired by World of Avatar.

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