Live-Video Site Ustream Raises $11.1 Mil

By Sergio Published on .

Live-video site raised $11.1 million in Series A funding, says NewTeeVee. The funding came from Band of Angels and Doll Capital Management, which has a big Asian presence that could help the site. In its first year, Ustream registered more than 260,000 users and recorded more than 2.2 million unique viewers.
-Elizabeth Jensen
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