Friday, April 11, 2008

todaytest 04/11/2008

  • Ustream.tv Inc. of Los Altos, Calif., disclosed an $11.1 million Series A round of funding

    tags: success

    • INTERNET


      USTREAM
      Online video broadcasting platform Ustream.tv Inc. of Los Altos, Calif., disclosed an $11.1 million Series A round of funding. Investors in the round were DCM and the Band of Angels, both of Menlo Park, Calif., and Labrador Ventures of Palo Alto, Calif. Other Ustream stakeholders include Western Technology Investment of San Jose, Calif., and Infinity Venture Partners Incubator Fund of Japan. Ustream enables individual users to create live broadcasts of events and claims to have gathered more than 2 million users and 250,000 broadcasters since the site was launched in March 2007.

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