Qik, a company that has developed live video streaming services for certain smartphones, has received a boost in its financial backing from Netscape veterans Marc Andreessen and Ben Horowitz. The duo, which have made a "significant investment" in the company, are also joining Qik's board of advisors. Bhaskar Roy, cofounder of Qik, declined to tell the E-Commerce Times how much Andreessen and Horowitz have invested in the company. Qik means to use the investment to expand its customer base to every mobile phone type.
August 27th 2008