
Streaming video site Ustream has just pulled in a massive new round of funding: $75 million. This second round was led by SoftBank , a Japanese telecom giant. Previously, the site had raised just below $13 million in funding, which came from its Series A in 2008 and its angel round in late 2007. Perhaps even crazier is that the service is saying that additional funding commitments are pending from other investors in the U.S. and Asia, so the round will likely actually be larger than the $75 million, which is all from SoftBank.
Read more from the original source:
A Massive $75 Million Round Streams Into Ustream. And More Is On The Way.


