Live video streaming company UStream.TV raises $11.1 million

UStream.TV, a live video-streaming application, has raised $11.1 million in a first round of funding from venture capital firm DCM, as well as previous investors Labrador Ventures and The Band of Angels.

Since its launch in March of last year, the broadcasting platform says it has… Continue Reading

UStream.TV looking to raise round, may be getting acquisition offers

Lifestreaming site UStream.TV is rumored to be in talks with Microsoft, for a purchase price of $50 million. However, the company’s chief executive, Chuck Wallace, tells us only that the company is open to offers, and is otherwise talking to VCs about raising a round… Continue Reading

Roundup: Pay By Touch needs funding, wave power rolls in and more

Roundup: Pay By Touch needs funding, wave power rolls in and more

Here’s the latest action:
1) Pay By Touch needs $150M to survive
2) Wave power comes to California
3) Contrary to rumors, Google Docs isn’t dead
4) … and neither is eBay
5) Ustream.tv raises funding, serves soldiers
6) MPAA wins case against TorrentSpy
7) Dan Hesse named Sprint CEO

Pay By Touch… Continue Reading

Justin.tv unlikely to be duplicated

Justin.tv unlikely to be duplicated

Justin.tv, the non-stop TV show featuring an extremely popular webcam of a guy named Justin in San Francisco (see it in action below), is unveiling a network to allow other people to do the same thing.

The technology required to stream video of your life to… Continue Reading