Recent videos on Joost available in United States

Sunday, May 13, 2007

Joost raises $45 million in funding

Joost, an Internet-based TV service being launched by the creators of Skype and Kazaa, said Thursday it has raised $45 million from five investors including CBS Corp. and Viacom Inc. and an influential Hong Kong telecommunications executive.

Index Ventures, a European venture capital firm, and Sequoia Capital were the lead contributors to the investment.

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