Ustream Enters Asia Pacific with Softbank Corp. of Japan

In this memorable milestone and moment, I would like to provide the color behind the fundraising announcement.

When we first founded Ustream in the summer of 2006, we believed that Asia was a strategic environment for a service like Ustream to flourish. Since then, we’ve made strategic decisions to partner with DCM, our lead series A investor and strong US/Asia VC firm, and now Softbank Corp., a major mobile carrier and internet conglomerate in Asia, to march toward our vision.

What really excites us is the vision that billions of web and mobile users will go-live and watch-live content on Ustream in Asia.

We’re honored to announce this relationship with Softbank and look forward to working with Softbank.

About Brad Hunstable, CEO and Founder

Brad Hunstable founded Ustream more than six years ago with a vision to bring live broadcast technology to the entire world. Since then, the company has established itself as the leading live, social video site. Hunstable has been ranked among 50 "Digital Power Players" by the Hollywood Reporter and on Variety's Producers Guild of America's Digital 25: Visionaries, Innovators and Producers for his work at Ustream. Brad is a graduate of the United States Military Academy at West Point and holds an MBA from Ohio State.
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