Ustream.tv Scores Another Round for $11.1M
Ustreamtv tapped into more $ according to ‘always-on’ Caroline McCarthy:
There are seemingly more “livestreaming” services out there than people actually using them, but that hasn’t stopped Ustream.tv from raising $11.1 million in Series A funding. The cash comes from venture firm DCM, as well as existing investors Labrador Ventures and The Band of Angels. To be fair, Ustream has pulled away from the pack a bit: it’s the streaming service of choice for some high-profile live Web events like the Digg Town Hall.
With the new cash, Ustream will focus on product development and “meet(ing) growing market demand for an interactive-broadcasting platform.” In other words, it’s to better compete as the space grows tighter.
Adding fuel to burn the fire from their last round in December.
- Also of interest - so says the machine:
Ustream.TV Lands $2M for Live Web Video Service
RedHerring reports that Ustream.TV said Tuesday it has completed a $2 million angel round and that U.S. General Wesley Clark joined its board. Ustream and its competitors will need to attract large and consistent audiences before advertising dollars roll in. But they will be in competition with one another andFora.TV Raises $2 Million Seed Round
Fora.tv, which wants to become the C-SPAN of the Web, closed a $2 million seed round from Adobe Ventures and Will Hearst. The site has about 1,500 hours of public speeches from people like Harvard psychologist Steven Pinker and neurologist and New Yorker contributor Oliver Sacks. It gets its videosReality Digital Secures $6.3M Funding
Reality Digital announced the closing of $6.3 million in its Series B round of venture funding from OpenView Venture Partners. The company provides an on-demand platform that enables businesses to add video sharing, social media and networking features, as well as business tools to their digital media initiatives. The flagshipVideoEgg Hatches Venture Funding
VideoEgg was born, well hatched really, in early 2005 when David Lerman, Matt Sanchez and Kevin Sladek were trying to crack the code on all things video (codecs, drivers and devices oh my!). At the time, the three Yale grads were involved in a social venture that was matchingCleverMedia Announces New Weekly Video Podcast
The world of video podcasting is growing quickly as the number of viewers and shows increase daily. Following on the heels of RocketBoom and MoBuzzTV, Podcast Salad is a free weekly show that takes a look at Internet video programs and news. It is being produced by CleverMedia as partMarchMadness Free Web Video On Demand
Sports events have been shown on the Net in the past, by CBS, ESPN, and others. But the audiences have been limited, since they typically cost viewers money or are niche events. Since the Webcast will be paid for with advertising, it could draw the biggest online viewership ever.
- Time Warp
- Future :: SchoolTube Offering Internet Video for Students
- Past :: Meevee Looking for the Exit Door
