DCM

Chris Nuttall

Ustream, the internet live-video streaming service, has announced a $75m venture-capital roundled by Japan’s Softbank , primarily aimed at funding Asian expansion.

The Silicon Valley company said the second-round investment would help to fuel its growth in the US and Asia, specifically in Japan, China, Korea and India.

Giving individuals in China the ability to broadcast their thoughts live to the world sounds a risky business for any startup at present, but John Ham, chief executive, told me they would tread carefully. Read more