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Boxee Bags $6M from GC, Spark

Wade Roush 8/13/09

Cambridge, MA, venture firm General Catalyst Partners is the lead investor in a $6 million Series B funding round announced today by New York, NY-based Boxee, which makes video browser software for navigating online video offerings on the large screen of a television. Existing investor Spark Capital of Boston was also in on the round, along with New York-based Union Square Ventures. The company has raised $10 million in venture capital altogether, and plans to release an improved beta version of its software this fall.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.


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