NEWS
May 10, 2007
CBS, Viacom Give Joost $45M Boost

Internet TV broadcaster Joost landed $45 million in financing, pulling in capital from a list that includes CBS Corp., Viacom and Sequoia Capital.

"This funding represents a tremendous vote of confidence in Joost's platform," said Janus Friis, co-founder of Joost.  "We've carefully selected these investors from a variety of interested parties, as they are best-in-class in their respective arenas and bring unique assets to Joost that will enable us to significantly accelerate growth and development of the Company."

CBS and Viacom are also Joost content partners.