Live Video Sharing Company Qik Quietly Raises $6.3 Million

Robin Wauters

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Thursday, January 6th, 2011

Qik, which enables mobile phones users to record and stream videos in realtime, has secured a little over $6.3 million in funding, an SEC filing reveals.

We’ve asked Qik for more details on the financing, but are still awaiting a response. Investors listed in the filing are (previous backer) Quest Venture Partners and Russian investment firm Almaz Capital Partners.

Last we heard from Qik was back in September when they released some usage stats, revealing that it had attracted some 3.5 million users at the time, growing at a rate of nearly 500,000 users each month. If that growth rate was accurate and has remained steady, that means Qik has about 5.5 million users today.

Qik competes with companies like Kyte, Justin.tv, Ustream and Bambuser.

Update: actually, Qik on its blog says it has 5 million users.

Update 2: strangely timed, a source tells The Business Insider that Skype has acquired Qik for around $100 million.

Company: Qik
Website: qik.com
Launch Date: June 2006
Funding: $14.8M

Qik was founded in 2006 to enable mobile phone users to share live video with their friends, family and communities on the web and on their phones. The first version of the Qik service was launched as a private alpha in January 2008 and then as public beta in August 2008. Since then the company has expanded its service to support millions of users in over 160 countries and on all the major smart phones (over 140 models)...

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