Roku Increases $45 Million from Information Organization, BSkyB and Others Strategic Circular Emphasizes Roku's Foundation Lead as Content Distribution Moves to Internet
Roku Inc. today declared it has obtained a $45 million ideal investment. Information Organization, English Sky Delivering (BSkyB), prior Roku project traders Menlo Projects and Globespan Investment Associates as well as an un-named ideal trader signed up with the round. The new connections include both budgets and business contracts that illustrate the sector's assurance in Roku as the distribution platform to bring loading enjoyment to popular clients.
"We have seen Roku sustain industry authority since the release of its loading platform four decades ago and we look ahead to deepening our connection, having already proved helpful carefully together on the release of several products," said Information Organization Primary Digital Official Jon Burns. "Roku's significant technology advantage, in addition to a powerful industry place, places them in a unique place to be a fundamental element of the television surroundings for decades to come."
"We're pleased to have signed up with into this ideal connection with Roku. As a modern content organization we're dedicated to adopting a variety of contrasting systems to create more choice and versatility for clients," said BSkyB Primary Economical Official Phil Griffith. "Coupled with the on-going durability of satellite television distribution, online and mobile help us discover even more value for clients. Working with Roku we look ahead to increasing our multi-platform authority."
"Our viewpoint is to give clients the best loading TV experience, with the most content and at the best value in the market; and it has provided us well as an incredible number of clients have introduced Roku into their houses," said Roku Creator and Primary Professional Official Anthony Wooden. "With the Information Organization and Sky ideal connections, we are positioned to further develop our authority place and to become the TV distribution platform of the future."
Jon Burns will be a part of the Roku Panel of Administrators. Anthony Wooden will stay Chair of the Panel.
About Roku Inc.
Roku is the leading streaming platform for delivering video, music and casual games to the TV. Roku launched the first player to stream Netflix to the TV in 2008, and today stream more than 500 entertainment channels to millions of customers. Roku streaming players can be purchased from Roku and major retailers in the U.S., Canada, U.K. and the Republic of Ireland. Headquartered in Saratoga, Calif.; Roku was founded by Anthony Wood, inventor of the DVR. For more information, visit www.roku.com.