Joost receives £22.6m in VC funding

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…

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ok that’s a bit of a misnomer of a title. But its Saturday and it’s raining – that’s my excuse, wot’s yrs? 😛 You can tell when a disruptive technology or process is maturing – the industry *disrupted* doesn’t react with their usual first response (to sue) but looks for ways of capitalising on the…

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