Home › DMW Daily › August 11, 2009

Ustream Raises $2 Million for Live Webcasting Service

Authored by Mark Hefflinger on August 11, 2009 - 12:04pm.
Mountain View, Calif. - Ustream, a provider of live Web video streaming services, has raised $2 million in new funding from existing backers including Doll Capital Management, Contentinople reported, citing a regulatory filing.

"Ustream is excited by the sign of confidence as well as the additional resources to accelerate toward our current trajectory," a company spokesperson told Contentinople.

Mountain View, Calif.-based Ustream offers a live webcasting service to ordinary users with webcams, but also serves corporate clients like CBS, which utilized Ustream to deliver its live webcast of the Michael Jackson memorial service.

 

Related Links:
http://www.contentinople.com/author.asp?section_id=450&doc_id=180359

http://snipurl.com/poqrz (SEC filing)

http://www.ustream.tv

Published in DMW Daily, August 11, 2009
tags: Deals | VC | Video | Webcasting | DCM | uStream |



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