Roku Raises $45 Million
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Roku, the Internet-powered set top box, has raised $45 million in funding from BSkyB, News Corp, Menlo Ventures, and Globespan Capital Partners. BSkyB is a strategic partner Now TV on-demand with Roku as well. Roku plans to use the funding to expand internationally, increase advertising, and invest in digital services/hardware. News Corp’s Jon Miller will be joining Roku’s board of directors.