Andre Yoskowitz
10 May 2007 20:10
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