Roku Raises $45 M of Series E Funding
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Saratoga, California – Roku, a consumer electronics firm which specializes in home digital media products has raised series E funding from giant media corporations News Corp and British Sky Broadcasting with the backing of existing investors Menlo Ventures and Globespan Capital.
The funding will be used to expand Roku’s services in international market and providing more options in the TV streaming video industry. As part of the deal funding, News Corp chief digital officer Jon Miller has become a members of the Roku’s board of directors.
Funding Total: $45,000,000
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|Investors: News Corporation, British Sky Broadcasting, Menlo Ventures, Globespan Capital|