Roku Obtains $45,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=906abf69-c8cb-4458-b2fe-71c60001107c&Preview=1 -
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
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Venture Investor
News Corporation -
Venture Investor
British Sky Broadcasting -
Venture Investor
Menlo Ventures -
Venture Investor
Globespan Capital Partners
