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Mobile Video Streaming Service Qik Gets Funding From Andreessen

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Rafat Ali
paidContent.org
Tuesday, August 26, 2008; 2:07 AM

Qik, the popular-among-bloggers mobile video streaming service, has received new funding from Marc Andreessen and his longtime business partner Ben Horowitz. Andreessen is the founder of Ning, and Horowitz is the VP and GM of HP's business technology organization unit these days. The Foster City, CA-based company did not disclose how much the two invested.

The live video streaming field is heavily competitive, but Qik has done a nice job integrating a bunch of services, including supposed rivals: it has integrated Twitter, YouTube, Mogulus, MySpace, Orkut and Justin.tv in its service. The service allows users with a camera phone to stream live video, and get feedback from other "followers" online. It has been popular among the bloggers and other citizen journalists touting high end phones like Nokia ( NYSE: NOK) N95...Robert Scoble has been the biggest proponent of Qik.

VentureBeat: Both also join the board of advisors following the "significant" investment.


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