Ustream.TV Lands $75,000,000 Series B Financing Round

  • Feed Type
  • Date
    2/2/2010
  • 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
    $75,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funding will help fuel Ustream’s growth in the U.S. and Asia Pacific, specifically to pursue opportunities in Asia in Japan, China, Korea and India.
  • M&A Terms
  • Venture Investor
    SoftBank Capital