Roku Obtains $45,000,000 New Funding

  • Feed Type
  • Date
    7/27/2012
  • Company Name
    Roku
  • Mailing Address
    12980 Saratoga Ave. Saratoga, CA 95070
  • Company Description
    Roku, Inc., is a privately held company located in Saratoga, Calif., and founded in 2002 by Anthony Wood, the inventor of the personal video recorder (PVR). Roku is a leading supplier of innovative and easy to use digital media products.
  • Website
    http://www.roku.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $45,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Roku will use the new capital to build further brand awareness through advertising, develop new international markets, and increase engineering and production to support sales growth of both hardware and digital media services on the platform including advertising, games, transactional and pay-per-view video as well as content packages.
  • M&A Terms
  • Venture Investor
    News Corporation
  • Venture Investor
    British Sky Broadcasting
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Globespan Capital Partners

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