Joost online TV raises $45 million
From Times Wire Services
Joost, an Internet-based TV service being launched, said it had raised $45 million from five investors including CBS Corp. and Viacom Inc.
Index Ventures and Sequoia Capital were the lead contributors. Joost, which has offices in New York, transmits video with peer-to-peer technology, which co-founders Janus Friis and Niklas Zennstrom used to launch the Skype calling and Kazaa music-sharing services.
