Ustream: $20 Million in Funding Raised with $55 Million Option!
Published February 3, 2010 | 
If you haven’t heard of the live video streaming platform Ustream yet, chances are you will be noticing it more in the future, as Ustream has just announced that it has been able to raise $20 million ($20 Million with option to invest up to additional $55 Million) in a Series B round led by Softbank, a telecom firm based out of Japan, and additional funding from investors that have provided previous funds remains pending.
Ustream is a website which consists of network of diverse channels providing a platform for lifecasting and live video streaming of events online. The website has over 3,000,000 registered users who generate 1,500,000+ hours of live streamed content per month with over ten million unique hits per month, and received $11.1 million in Series A funding for new product development from DCM and investors Labrador Ventures and Band of Angels, and plans to use the new funding to expand their live video platform beyond the states and into Asia.
Ustream Raises $75 Million in Funding
Ustream’s Actual Round: $20 Million Now, An Option for $55 Million Later
Must Have Tools for the Mobile Journalist!
Published February 1, 2010 | Today’s smart phone has played a significant role in the news evolution by putting powerful tools in the pocket of the single reporter, resulting in front-page news streaming from any individual with a cell phone camera and a Twitter account, as demonstrated during Iran’s election protests last summer.
So You Think You Invented Mobile Journalism
Today, major news outlets including CNN iReport, have crowdsourced parts of their newsroom to locally-savvy citizen journalists, often armed with little more than a camcorder.
To go along with the smart phone, such as the mandatory camera and social networking applications, Mashable has compiled a list of five additional tools that can help the single journalist rival a fully-functional news team, and with these tools, mobile journalists can, and do record data, edit clips, and broadcast polished stories as events unfold.
Isn’t technology great! To read more about what is needed click on 5 Essential Tools for the Mobile Journalist.