Feeds

Joost gets $45m to play with

Inflatable board rooms a go-go

Security for virtualized datacentres

Joost; the peer-to-peer video service developed by those behind Skype, has raised $45m from Index Ventures, Sequoia Capital and the Li Ka Shing Foundation, to "...accelerate product development, global expansion, localization, and service offerings".

Index Ventures are old mates from Skype, while Sequoia Capital are new to the table. The Li Ka Shing Foundation is based out of Hong Kong and their inclusion reflects the increasing importance of Asian markets for internet businesses.

Joost is technically impressive, but for a service still in beta-testing to describe itself as "...the world's first broadcast-quality Internet television service" seems a little arrogant, especially when the recent expansion of the beta has demonstrated some scaling problems and their current content offering is less than impressive.

Episodes of "Fat Actress", "Beavis and Butthead" and "CSI" (everywhere) might make the service attractive to some, but Joost are going to have to tie up some deals for better content than that if they're going to get enough users to pay off the investment; unless the service can be sold off before that happens.®

Beginner's guide to SSL certificates

More from The Register

next story
You! AT&T! The only thing 'unlimited' about you is your CHEEK, growl feds
Man, we did everything but knock on their doors - carrier
The DRUGSTORES DON'T WORK, CVS makes IT WORSE ... for Apple Pay
Goog Wallet apparently also spurned in NFC lockdown
Watch out, Samsung and Apple: Xiaomi's No 3 in smartphones now
From obscurity to selling 19 million mobes a quarter
Brazil greenlights $200m internet cable to Europe in bid to outfox NSA
Only one problem: it won't make the slightest difference. And they know it
Wanna hop carriers with your iPad's Apple SIM? AVOID AT&T
Unless you want your network-swapping tech disabled for good, that is
Knocking Knox: Samsung DENIES vuln claims, says mysterious blogger is a JOKER
But YES, system does store encryption key on the device
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.