AOL LLC may be looking to pick up another social networking-related company in the next few weeks.  Rumor sources are saying that AOL is now looking to pick up KickApps at a price roughly around $90 million.  Yesterday, AOL announced that they would be acquiring Bebo, a top social network, for $850 million.  AOL’s Vice President of Business Development and General Counsel, Ira Parker and KickApps Founder, Eric Alterman are speculated to be discussing the deal. 

KickApps is essentially a platform that allows users to build promotional tools through the use of widgets, social networks, message boards, etc.  Customers of KickApps include ABC, The CW, and VIBE.  Below is an overview of KickApps 3.0:

AOL is owned by Time Warner and is located in Virginia with offices all over the world.  KickApps is also in New York and started in 2005.

[Information Source: TechCrunch & AllThingsD]

KickApps is a user-generated video and social networking website that has gained popularity by the ease of use and creation of widgets.  These widgets have found themselves on MySpace pages, the BET Awards 07 website, Vibe.com, and Genesis-Space.

According to paidContent, KickApps has just raised $11 million in second round funding.  SoftBank Capital is a new investor and joins the returning investors, Prism VentureWorks and Spark Capital.  KickApps’ competitor, Ning recently raised $44 million.

Last year, KickApps reaised $6 million in funding for its first round.  KickApps hired Michael Chin as the Senior VP of Marketing from Bite Communications, a global communications consulting company.  KickApps is based in New York, New York.