Company Overview
Snapshot
Founded in September 2008 by Ilan Tochner and Oren Hurvitz, Kitely operates with 1–10 employees. The company has developed Kitely Market, which passed the 30,000 item milestone in May 2019, demonstrating significant growth in its virtual goods marketplace.
Business overview
Kitely provides a platform for users to create their own virtual worlds, catering to various applications including training, education, and entertainment. Its core product, Kitely Market, functions as a virtual goods marketplace designed to serve avatars across the Metaverse from a single online store. This initiative aims to foster a unified ecosystem within the Metaverse by aggregating content, merchants, and buyers. Kitely is a prominent provider of OpenSim regions, serving industries that leverage virtual reality and web platforms for interactive experiences, content creation, and community building.
Strategic signal
In May 2019, Kitely Market surpassed the 30,000 item milestone, indicating substantial growth and adoption within its virtual goods marketplace. This achievement signals strong content creator engagement and increasing demand for virtual assets, positioning Kitely as a key player in the evolving Metaverse economy and demonstrating its ability to scale its platform and attract a diverse range of digital offerings.
Company Intelligence Q&A
- What is Kitely Market's primary function?
- Kitely Market is a virtual goods marketplace that enables content creators to serve avatars from across the Metaverse from a single online store, aiming to unify the ecosystem.
- When did Kitely Market achieve a significant milestone in item count?
- In May 2019, Kitely Market passed the 30,000 item milestone, reflecting growth in its virtual goods offerings.
- How does Kitely support virtual learning?
- In May 2020, Kitely's private worlds were highlighted for helping students learn empathy through virtual learning applications.
- What was Kitely's standing in the OpenSim community in 2017?
- In January 2018, Kitely was recognized as OpenSim's most valuable grid in 2017, indicating its significant contribution to the OpenSim platform.
- What new offering did Kitely introduce in 2018?
- In June 2018, Kitely announced plans to offer virtual private grids, expanding its services for users seeking dedicated virtual environments.