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Joost raises $45 million USD

10 May 2007 20:10 by Andre "DVDBack23" Yoskowitz | 10 comments

Joost announced today that they have raised $45 million USD from a group of investors that includes CBS and Viacom. This news comes after Joost announced they would be allowing unlimited invites for the beta version fo their service.

To date, Joost's largest problem is the quality of the content viewers can receive. Hopefully this new funding and CBS and Viacom's plans to make their content available on the service will help to solve that problem.

Source:
BetaNews

Permalink to this article

Does CTO's departure mark the beginning of the end for Joost? (21 January 2008)

Joost CEO shows product off at trade show (14 October 2007)

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Discuss this article!
pollution (Member) 10 May 2007 20:50
I would say its the quantity and not quality. [ + quote]
borhan9 (AfterDawn Addict) 11 May 2007 4:05
This has just come out and they have managed this well done. [ + quote]
tater9104 (Junior Member) 11 May 2007 4:19
I would really like to try this out. Can anyone send me an invite? [ + quote]
Silo45 (Junior Member) 11 May 2007 5:12
I think is awesome they have some really good stuff on their. My favorite of course is the World Poker Tour Channel. Great! Anyways for Free invites you guys can check out: http://joost.com/presents/gigaom-newteevee Enjoy! Edit: It was working yesterday, you guys can check back later if it doesn't now. [ + quote] This message has been edited since posting. Last time this message was edited on 11 May 2007 5:13
akaangus (Member) 11 May 2007 20:27
If anyone has an invite I'd like to check it out too (the link is dead). [ + quote]
ZzeusS (Junior Member) 12 May 2007 5:29
I have been playing around with it. It's very well put together technically. I think they should be able to buffer a bit better when your bandwidth tanks. I was running pretty well, then the video went to hell. I would rather see a few seconds of buffer then resume instead of everything pixelating and continuing. [ + quote]
85thor (Inactive) 12 May 2007 23:31
I need a first and last name and a valid email to send the invite to anyone wanting one. PM or email me that info if you want an invite sent. 85thor@hushmail.com [ + quote]
jetyi83 (Member) 13 May 2007 0:34
it works ok and has some content, but definitely not enough content yet. also it runs pretty slow. Joost is always slowing down my computer, and also just taking way too long to load. i like the idea, but im waiting for them to make it a little better. Its much better than the original version, but still needs a lot of work i think. [ + quote]
stonegod5 (Newbie) 13 May 2007 20:06
if anyone has any extra invites i would love to have one,thanks.stonegod5@yahoo.com [ + quote]
85thor (Inactive) 13 May 2007 23:54
Originally posted by stonegod5: if anyone has any extra invites i would love to have one,thanks.stonegod5@yahoo.com Quote: I need a first and last name and a valid email to send the invite to anyone wanting one. PM or email me that info if you want an invite sent. 85thor@hushmail.com [ + quote]