Ustream.TV Lands $75,000,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80257e68-398a-4cc8-a18a-4233e3c55b1f&Preview=1 -
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
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Venture Investor
SoftBank Capital
