Private company

IBM Cloud Video

Logo: IBM, CC BY-SA 4.0, via Wikimedia Commons3

Video streaming platform

IBM Watson Media (formerly Ustream and IBM Cloud Video) is an American virtual events platform company which is a division of IBM. Prior to the IBM acquisition, it had more than 180 employees across San Francisco, Los Angeles, and Budapest offices. Ustream had received $11.1 million in Series A funding for new product development from Doll Capital Management (DCM) and investors Labrador Ventures and Band of Angels.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

2007Founded1

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IBM Watson Media (formerly Ustream and IBM Cloud Video) is an American virtual events platform company which is a division of IBM. Prior to the IBM acquisition, it had more than 180 employees across San Francisco, Los Angeles, and Budapest offices. Ustream had received $11.1 million in Series A funding for new product development from Doll Capital Management (DCM) and investors Labrador Ventures and Band of Angels.2

The story

Ustream was launched when the founders (John Ham, Brad Hunstable and Gyula Fehér) wanted a way for their friends in the US Army, who were deployed overseas in the Iraq War, to be able to communicate with their families. A product like Ustream would provide them with a way to talk to all of their relatives at once when free time in the war zone was limited.

Acquisition

Early investors included DCM Ventures and Softbank, the latter of which invested $20 million in 2010 with an option to invest additional capital. On January 21, 2016, IBM acquired Ustream for up to $150 million. It was combined with Aspera, Clearleap, and Cleversafe to form IBM's Cloud Video [IBM Watson Media] unit. IBM envisioned the use of its technology as part of an enterprise video offering.

From Wikipedia’s article on IBM Cloud Video, shared under CC BY-SA 4.0.4

Products and brands

  • software

Listed on Wikidata.1

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. 2007Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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