Ustream Gets $75M In Funding From Softbank

Mountain View-based live streaming firm Ustream has raised $75M in a Series B funding round from SOFTBANK Japan, the firm said this morning. According to Ustream, the funding also comes along with additional funding commitments from other, unnamed U.S. and Asian investors. The firm said the funding will go to fund growth in both the U.S. and Asia Pacific, with a particular focus on Japan, China, Korea and India. Ustream provides live streaming of video programming. More information »