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  &lt;p&gt;
    &lt;a href="/blog/850-viacom-close-to-licensing-deal-with-joost"&gt;Viacom &lt;/a&gt;also invested in this round, and is described as a 'Key Launch Partner',&#160;providing content from its media properties, including Comedy Central and MTV. &lt;/p&gt;
  &lt;p&gt;The five investors have taken a minority stake in Joost. &lt;/p&gt;
  &lt;p&gt;
    &lt;img alt="Joost screenshot" src="http://farm1.static.flickr.com/207/492276196_0dce1b9c9b_o.jpg" /&gt;
  &lt;/p&gt;
  &lt;p&gt;Since its beta launch back in December, Joost has come a long way,&#160;adding a variety of content partners including Viacom, Warner Brothers, and CBS, as well as &lt;a href="/blog/1104-joost-gets-major-advertisers-on-board"&gt;getting major advertisers on board&lt;/a&gt;. &lt;/p&gt;
  &lt;p&gt;It has now launched commercially, and all beta testers have unlimited invitations for friends and colleagues. &lt;/p&gt;
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    &lt;Link URL="/blog/850-viacom-close-to-licensing-deal-with-joost" Window="New"&gt;Viacom &lt;/Link&gt;also invested in this round, and is described as a 'Key Launch Partner',&#160;providing content from its media properties, including Comedy Central and MTV. &lt;/Paragraph&gt;
  &lt;Paragraph&gt;The five investors have taken a minority stake in Joost. &lt;/Paragraph&gt;
  &lt;Paragraph Align="Center"&gt;
    &lt;Image AlternateText="Joost screenshot" Source="http://farm1.static.flickr.com/207/492276196_0dce1b9c9b_o.jpg"&gt;
    &lt;/Image&gt;
  &lt;/Paragraph&gt;
  &lt;Paragraph&gt;Since its beta launch back in December, Joost has come a long way,&#160;adding a variety of content partners including Viacom, Warner Brothers, and CBS, as well as &lt;Link URL="/blog/1104-joost-gets-major-advertisers-on-board" Window="New"&gt;getting major advertisers on board&lt;/Link&gt;. &lt;/Paragraph&gt;
  &lt;Paragraph&gt;It has now launched commercially, and all beta testers have unlimited invitations for friends and colleagues. &lt;/Paragraph&gt;
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  <created-at type="datetime">2007-05-10T09:38:00+01:00</created-at>
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  &lt;p&gt;
    &lt;strong&gt;P2P internet TV service Joost&#160;has received $45m (&#163;22.6m) in funding to aid its expansion and product development. &lt;/strong&gt;
  &lt;/p&gt;
  &lt;p&gt;Index Ventures led the funding round with Sequoia Capital, while other investors included Hutchison Whampoa Limited and Cheung Kong Holdings, through the Li Ka-Shing Foundation. &lt;/p&gt;
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    &lt;Emphasis&gt;P2P internet TV service Joost&#160;has received $45m (&#163;22.6m) in funding to aid its expansion and product development. &lt;/Emphasis&gt;
  &lt;/Paragraph&gt;
  &lt;Paragraph&gt;Index Ventures led the funding round with Sequoia Capital, while other investors included Hutchison Whampoa Limited and Cheung Kong Holdings, through the Li Ka-Shing Foundation. &lt;/Paragraph&gt;
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  <learn-more-formatted>&lt;p&gt;Econsultancy's &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/internet-statistics-compendium"&gt;Internet Statistics Compendium&lt;/a&gt;&lt;/strong&gt; is a comprehensive compilation of web-related statistics and online market research with data, facts, charts and figures. A great time-saver when preparing for presentations and pitches.&lt;/p&gt;</learn-more-formatted>
  <learn-more-unformatted>&lt;p&gt;Econsultancy's &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/internet-statistics-compendium"&gt;Internet Statistics Compendium&lt;/a&gt;&lt;/strong&gt; is a comprehensive compilation of web-related statistics and online market research with data, facts, charts and figures. A great time-saver when preparing for presentations and pitches.&lt;/p&gt;</learn-more-unformatted>
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  <name>Joost nets $45m in VC funding</name>
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  <published-at type="datetime">2007-05-10T12:35:00+01:00</published-at>
  <slug>joost-nets-45m-in-vc-funding</slug>
  <tweetbacks-updated-at type="datetime">2009-04-29T22:54:43+01:00</tweetbacks-updated-at>
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  <updated-at type="datetime">2009-10-13T09:02:36+01:00</updated-at>
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