Set-top box maker Roku has just closed a $60 million round of funding, the company announced today during AllThingD's D11 event.
Roku has officially sold over five million set top boxes and proclaims that streaming will cannibalize cable.
Here's something you probably didn't know: Netflix abandoned plans to sell its own streaming "Netflix Player" device just weeks before it hit retail stores. That device would later become the first iteration of Roku's set-top box.
Roku is raising a $50 million round of funding in the next three months to help push its streaming media set-top boxes into more international markets, the company told Reuters today.
The company’s set-top boxes allow people in the U.S. …
Anthony Wood (pictured) is Roku’s CEO, and at his house (he’s married with three kids), each person gets seven hours of TV each week — all sans cable, natch.
The family gets its fix primarily from Amazon’s pay-per-view video selection, …
Roku, a device that streams web content to televisions, has collected $8 million in funding, according to a form D filed with the SEC today. Roku confirmed the round and its lead investors Globespan Capital Partners and Menlo Ventures.