Article: Ustream Raises $11.1 M in Funding Led by DCM and Broadcasts Rapid Growth.

Internet Broadcasting Platform Announces More Than 260,000 Broadcasters and Delivers Over 2 Million Viewer Hours per Month

LOS ALTOS, Calif. -- Ustream.TV (www.ustream.tv), the leading internet broadcasting platform, today announced it has secured $11.1 million in Series A funding from leading venture capital firm DCM and existing investors, Labrador Ventures and The Band of Angels. The funding will enable Ustream to accelerate product development and meet growing market demand for an interactive, broadcasting platform.

"A few years ago, it was unimaginable to have interactive broadcasting on the scale that Ustream delivers today. This marks a major ...

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