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

Covestor joins the ranks of funded investment sites

Covestor joins the ranks of funded investment sites

Covestor, an investing community site, has raised $6.5 million in its second round of funding. The London and New York-based company plans to build out its asset management platform, which helps its users make investment decisions.

Covestor targets both average investors and professional fund managers. The… Continue Reading