$45 Million in Venture Capital invested

May 12th, 2007

So far, Joost has been able to secure content from networks such as Viacom, CBS, and Time Warner as well as lined up contracts with 31 name brand advertisers, despite still being in the beta phase.

http://www.ipodobserver.com/story/31424

Joost has received about US$45M from five backers, including financiers from Silicon Valley China and Europe, according to Reuters on Thursday. Joost has also provided a sign-up page.

“Index Ventures, Europe’s top Internet venture capital firm and an early backer of Skype, is leading the round with Sequoia Capital, the world’s top venture capital firm, which has financed start-ups from Apple to Yahoo to Google to YouTube.

Joost, a year-old company that is the hottest thing in Internet video after YouTube, is seeking to do for long-form television programming what YouTube has done for short, user-created video sketches,” Reuters reported

Entry Filed under: News

del.icio.us:$45 Million in Venture Capital invested  digg:$45 Million in Venture Capital invested  furl:$45 Million in Venture Capital invested  reddit:$45 Million in Venture Capital invested  fark:$45 Million in Venture Capital invested  Y!:$45 Million in Venture Capital invested

Leave a Comment

Required

Required, hidden

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Trackback this post  |  Subscribe to the comments via RSS Feed

Calendar

May 2007
M T W T F S S
« Apr   Jun »
 123456
78910111213
14151617181920
21222324252627
28293031  

Most Recent Posts

Joost™