Marc Andreessen and Ben Horowitz Invest In Live Video Streaming Company, QIK
Qik is an online live video streaming company that gained in popularity by those who attend conferences or events and want to embed videos in their blogs and websites. Netscape veterans Both Netscape alumni Marc Andreessen and Ben Horowitz invested in Qik. Both of them will also join the Qik Board of Directors.
“We are thrilled to have Marc and Ben involved in Qik, both as investors and advisers,” stated 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.”
Qik also makes it possible to live stream video from cellphones.
Qik was started by Bhaskar Roy and Ramu Sunkara in December 2007. Qik has raised over $4 million in total from previous investors. The previous investors include Marc Benioff, Arjun Gupta, and George Garrick. Earlier this month Qik began to support live video streaming via iPhone.
After working at Netscape together, Marc Andreessen and Ben Horowitz launched Loudcloud, an Internet hosting company. Loudcloud had an IPO in 2001 and then was later renamed Opsware. Opsware was bought by HP for $1.6 billion. Horowitz now works as the VP and General Manager of Business Technology Optimization in the Technology Solutions Group at HP. Andreessen is currently running a startup called Ning.com and is on the Board of Directors for Facebook.@amitchowdhry or on Google+ at +AmitChowdhry