Qik attracts investment

August 26, 2008 · By Faizan Filed Under Investing

Qik, has pulled in investment from Netscape founders Marc Andreessen and Ben Horowitz and the also joined the company’s board. Qik is a mobile interactive live video streaming Services Company.

Andreessen is the co-founder and chairman of social networking platform Ning. He is also a member of Facebook Inc.’s board and also on the boad of open media network. He is well known as the co-author of the first widely-used Web browser, Mosiac, and later went on to co-found Netscape communications. He is also the chairman and co-founder of Web infrastructure company Loudcloud (now named Opsware and owned by HP). Andreesen has worked as the CTO of America Online.

Andreessen presently is at Hewlett-Packard’s Business Technology Organization Unit, where he is the vice-president and general Manager.

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

An optimistic approach by somebody as experienced as Andreesen indicates that Qik might have a bright future ahead of it. Andreesen without doubt is a big asset for Qik, and the company should utilize him to the utmost degree.

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