Thursday, May 10, 2007

Joost Announces $45 million Funding From Sequoia, Index, CBS & Viacom

Internet TV startup Joost raised $45 million in a venture round of financing, the company will announce this evening. Investors include Sequoia Capital, Index Ventures, CBS Corporation, Viacom and Chinese billionaire Li Ka-shing.

The company has not previously disclosed any financings. Joost was started by Skype founders Janus Friis and Niklas Zennström in 2006; presumably seed funding came directly from them.

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