Web Entrepreneurs Offer Qik Some Wealth and Some Wisdom

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.