Roku grabs $8M, weeks after releasing Roku 2

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Summary

Roku, a device that streams web content to televisions, has collected $8 million in funding, according to a form D filed with the SEC today. Also listed on the form was Robert Kyncl, vice president of TV and film entertainment at Google. The company, which spun off from Netflix three years ago, released the second version of its streaming device in July. The Roku 2 XS player has taken the company out of its streaming-video comfort zone by adding games and motion controllers. Roku introduced BrightSign in 2006, founded by Anthony Wood, who currently acts as the company’s chairman of the board.

Classifications

industries
Entertainment
applications
Accounting and Taxes

AskAI Classifications

Labels
Digital Signage Software SaaS Multimedia Player Software

Linked Companies

BrightSign
$10M to $25M