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Laurel Papworth, ChatGPT,AI Is My CoPilot course, Metaverse
Home / Joost receives £22.6m in VC funding

Joost receives £22.6m in VC funding

ByLaurel Papworth May 16, 2007February 23, 2011

From NMA: Internet TV service Joost has acquired $45m (£22.6m) in venture capital. Five separate parties invested in the service, which launched commercially last week. Among the investors are Index Ventures, Sequoia Capital, Li Ka Shing Foundation, CSB Corporation and Viacom. CBS has already contributed more than 2,000 hours of content to the service including…

From NMA:

Internet TV service Joost has acquired $45m (£22.6m) in venture capital.

Five separate parties invested in the service, which launched commercially last week.

Among the investors are Index Ventures, Sequoia Capital, Li Ka Shing Foundation, CSB Corporation and Viacom.

CBS has already contributed more than 2,000 hours of content to the service including news and popular TV shows CSI and Survivor.

Viacom also contributed content from its properties MTV, VH1 and Paramount Pictures.

Each investor will take a minority percentage of Joost.

The figures are in pounds cos I got them from NMA (UK).

Technorati Tags: TV, venture capital, joost, cbs, index ventures, sequoia capital, li ka shing, csb corporation, viacom
Post Tags: #CBS#CSB Corporation#CSB Corporation and Viacom#CSI#GBP#Internet TV service#Joost#Li Ka Shing Foundation#MTV#Paramount Pictures#Sequoia Capital#Survivor#TV#USD#venture capital#Viacom

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