Qik Raises Cash

Qik (f.k.a. Vivisio), a San Mateo, Calif.-based mobile video broadcasting service, has raised an undisclosed amount of new funding from Marc Andreessen (co-founder of Ning and Netscape) and Ben Horowitz (co-founder of Loudcloud). It had previously raised a $3 million Series B round from individual angels like Marc Benioff (Salesforce), Arjun Gupta (Telesoft Partners) and George Garrick (Jingle Networks).

 

PRESS RELEASE

 

Qik, Inc., the leading innovator of mobile, interactive live video streaming services, today announced that Netscape veterans Marc Andreessen and Ben Horowitz have made a significant investment in the company. The experienced pair are also joining Qik's Board of Advisors. 

 

“We are thrilled to have Marc and Ben involved in Qik, both as investors and advisors,” said Qik CEO Ramu Sunkara.  “Marc is a true visionary and seasoned technology investor. He brings strong entrepreneurial and innovation experience to Qik. It is great to have them both on board to help us grow Qik and guide us on how we can change the way people communicate and share live experiences around the world.”

 

Currently co-founder and chairman of social networking platform Ning, Andreessen invests in several Internet startups and serves on the board of directors for Facebook and for Open Media Network. Best known as co-author of Mosaic, the first widely-used web browser, and co-founder of Netscape Communications, Andreessen's experience also includes his work as CTO of AOL, as well as chairman and co-founder of Web infrastructure company Loudcloud, later named Opsware and acquired by Hewlett-Packard.

 

A veteran of Netscape, Opsware and AOL, Ben Horowitz co-founded Loudcloud with Andreessen in 1999 and served as CEO of the company before it was acquired in 2007. He currently serves as vice president and general manager of Hewlett-Packard's Business Technology Organization Unit.

 

“Qik lets people share experiences live, on a global basis, through its truly innovative mobile technology,” said Andreessen, co-founder of Ning. “I'm looking forward to guiding Qik, as an advisor, as the company progresses its acceleration as the world's premiere mobile communication service.”

 

“Qik is breaking fresh ground at the intersection of live video, mobile technology, and communications,” said Horowitz. “It's a real pleasure to contribute to their efforts and see where the company's creative and inventive approach will lead us all.”

 

In addition to notification integration with Twitter (www.twitter.com), Qik users can also effortlessly stream videos from their phones to YouTube (www.youtube.com), Mogulus (www.mogulus.com), MySpace (www.myspace.com), Orkut (www.orkut.com), and Justin.tv (www.justin.tv).

 

Andreessen and Horowitz join industry leaders Marc Benioff, chairman and CEO of salesforce.com (NYSE CRM); Arjun Gupta, founder and managing partner of Telesoft Partners; and George Garrick, president and CEO of Jingle Networks, as investors in Qik.

 

About Qik

Qik, the world's leading mobile live video streaming platform, lets anyone stream video live from their mobile phone to anywhere in the world. Its innovative, patent-pending technology enables anyone to share their moments live with their friends and family or the entire world. Notable events captured on Qik include the lighting of the Olympic torch from both inside and outside the Olympic stadium in Beijing, the Mars landing from mission control, and sessions from the World Economic Forum in Davos. Qik is available on a wide variety of cell phones, including Nokia N-series phones and a selection of Windows Mobile phones.  Find additional Qik videos, including those streaming live, here: http://qik.com/.