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Summary:

Joost, the P2P TV creation of Janus Friis and Niklas Zennström, the co-founders of Kazaa and Skype. The company, just raised a whopping $45 million in funding from five investors. “This funding represents a tremendous vote of confidence in Joost’s platform,” said Janus Friis, co-founder of […]

Joost, the P2P TV creation of Janus Friis and Niklas Zennström, the co-founders of Kazaa and Skype. The company, just raised a whopping $45 million in funding from five investors.

“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”

Selected! Interesting choice of words, from Friis, pretty much letting everyone know who’s da boss. More importantly, it also indicated the premium valuation Joost got received. Investors lucky enough to put their money in Joost: Sequoia Capital, Index Ventures, Viacom, CBS and Chinese tycoon, Li Ka-shing.

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  1. NewTeeVee » Joost Has Some Infrastructure Challenges Thursday, May 10, 2007

    [...] $45 million in the bank, Joost seems is all set to become a major player in the world of re-broadcasting produced content [...]

  2. aj’s spinsels » Blog Archive » $45M voor Joost – maar wordt het ook wat? Thursday, May 10, 2007

    [...] met de content partners leek het ook wel goed te komen, dankzij deals met Viacom en CBS. Gisteren werd bekend dat deze twee ook deel uit maken van een select groepje investeerders dat in totaal 45 miljoen [...]

  3. NewTeeVee » Streamcast seeks injunction against Joost Wednesday, May 23, 2007

    [...] Joost injunction comes a few weeks after Joost raised $45 million from Sequoia Capital, Index Ventures, and other [...]

  4. NewTeeVee » Mike Volpi’s Post-Cisco Gig: Joost CEO Thursday, May 31, 2007

    [...] piece of information independently. The news shouldn’t come as a surprise, given that Joost recently raised $45 million in venture funding from some top venture capital firms at an astronomical [...]

  5. NewTeeVee Veoh Goes for the Big Money « Thursday, June 14, 2007

    [...] component, is developing technology that would put it in competition with Joost and Babelgum. Joost recently raised $45 million in one round alone, and Babelgum has taken $13.2 [...]

  6. Technology Untangled » Blog Archive » Joost makes Strategic Acquisition Saturday, June 16, 2007

    [...] May Viacom, CBS, Sequoia Capital, Index Ventures, and the Chinese tycoon, Li Ka-shing, invested a whopping $45 milllion in Joost. These people have two main ways of getting their money back (along with a nice little premium); [...]

  7. Trouble in paradise: komt het nog goed met Joost? | zoomz – Alles over internetvideo Thursday, February 28, 2008

    [...] les is dat (zelfs) $45 miljoen niet zomaar alle problemen oplost. Ze zullen het nog wel een tijdje uithouden maar de weg voor [...]

  8. Joost’s Investors Can Barely Be Nice to It « NewTeeVee Friday, May 23, 2008

    [...] and Viacom that Joost is their forgotten stepchild. Despite their participation in Joost’s $45 million funding round (which in amount alone guarantees the company should have some time to figure out what it’s [...]

  9. Joost Goes to China « NewTeeVee Tuesday, July 22, 2008

    [...] joint venture with TOM Online, the Chinese media conglomerate that’s majority-owned by Joost investor Li Ka-shing. TOM is providing local advertising and content — some 16,000 hours of [...]

  10. Ooyala to Power Joost « NewTeeVee Wednesday, February 18, 2009

    [...] has $45 million in funding from founders Janus Friis and Niklas Zennström, Sequoia Capital, Index Ventures, Viacom, CBS and [...]

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