Ustream.TV Garners $10,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4d1640c-6917-48df-bd6e-af77ffe8a5cc&Preview=1
Date
10/25/2011
Company Name
Ustream.TV
Mailing Address
274 Castro Street Mountain View, CA 94041
Company Description
Ustream.TV is a platform for live online interactive video broadcasts that lets people everywhere connect, interact and engage with one another more deeply. Ustream.TV allows anyone with a camera, computer, and Internet connection to broadcast live video to a global audience. Each day, people ustream talk shows, concerts, sporting events, even weddings and graduations.
Website
http://www.ustream.tv
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company announced it will be launching a new Korean portal in January 2012.
M&A Terms
Venture Investor
Undisclosed