Roku Raises $45 Million from News Corp

Jul 26, 2012

Streaming platform company, Roku, announced the company has received $45 million in funding from News Corp, British Sky Broadcasting, and other companies. With these new funds, Roku plans to use the money to build more brand awareness through advertising, develop new international markets, and increase engineering and production.

Roku specializes in delivering streaming video for music, games, and TV. The company plans to release Roku Streaming Stick in the fall which will allow users to integrate TV's and consumer electronic devices.