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July 9, 2009 7:19 AM

paidContent - Qik Nabs $5.5 Million In Funding For Mobile Video Streaming

By
CBSNews
(PaidContent.org)  This story was written by Tameka Kee.
Mobile video streaming service Qik has raised just under $5.5 million in funding, according to an SEC filing, which the company has confirmed. This round’s backers include Quest Venture Partners, CampVentures, and private investors. The Redwood City, Calif.-based startup raised an undisclosed amount of funding from Marc Andreessen and Ben Horowitz last year.

Qik competes with other mobile streaming services like Kyte—but it recently received a big endorsement from Nokia, by being one of the featured apps in its Ovi Store content and apps marketplace. The company has also tried to grow its user base beyond just the tech-savvy mobile set by supporting more “mainstream” phones like the BlackBerry Curve and Bold.


Qik Funding SEC Filing -

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By Tameka Kee

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