Ustream raises another $75 million


Live steaming startup Ustream has announced that the company has raised $75 million in a Series B round, led by Japanese telecom company Softbank, bringing the total investment capital at $86 million.

Ustream offers users to stream their videos live, like events, sports, and pretty much everything else that can be streamed, as long as it’s not copyrighted. Ustream has 50 million live video viewers per month and over 3.5 million registered viewers.

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