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Ustream plans to expand in Asia after funding

WASHINGTON -- Live video streaming platform Ustream said Tuesday it plans to expand its activities in Asia after receiving US$75 million in funding led by Japan's Softbank. “Asia offers a significant, untapped market opportunity for streaming video,” Ustream co-founder and chief executive John Ham said.

“We look forward to deploying these resources to accelerate our growth in the United States and Asia Pacific,” he said, citing Japan, China, South Korea and India as countries where the Ustream will pursue opportunities.

 

 

 

 

 

 

 

 

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