Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reason<div class="billede"><img src="pictures/mini-roku3.jpg" alt="Roku Smart TV platform"></div>Roku raises $60m to create Smart TV platform - FlatpanelsHD Roku Smart TV platformRoku raises $60m to create Smart TV platform">

Roku Smart TV platform
Roku raises $60m to create Smart TV platform

30 May 2013 | Rasmus Larsen |

Roku’s media boxes and Apple’s Apple TV box have captured close to 90 % of media box streaming market in the US (excluding game consoles). But Roku has grander plans. They have raised $60 million in order to create a complete Smart TV platform to be used in TVs.

Roku raises $60m, to create Smart TV platform

According to All Things D, Roku has raised $60 million USD in the latest round and a total of $130 million from companies such as BSkyB, News Corp, Dish and Hearst Corp.

Roku 3
The latest Roku 3 box was announced in March


The large sum is earmarked to turn Roku into a true platform company and not just a company that sells small media boxes. Roku plans to create a complete TV platform that will be baked into future Smart TVs. CEO Anthony Wood says that he believes most TV manufacturers, except Samsung, have no desire or the ability to create decent software so he wants Roku to fill the void.

Roku has no plans to discontinue its line-up of Roku boxes that have sold over 5 million to date with sales accelerating.

We will surely hear more from Roku in the near future as they look to compete for a living room presence with Apple TV, Xbox One and PlayStation 4 to name a few.

- Source: All Things D



Latest news

Samsung TV gaming

2020 Samsung TVs now work with PS5 gaming in 4K120+HDR

16 Apr 2021 | Rasmus Larsen |
Roku Express 4K+

Roku introduces new Express 4K+ box, voice remote & Roku OS 10

15 Apr 2021 | Rasmus Larsen |
State of UHD Blu-ray

The State of Ultra HD Blu-ray

15 Apr 2021 | Yoeri Geutskens |
Gigabyte Aorus FO48U

Gigabyte unveils a 48-inch OLED gaming monitor with HDMI 2.1

15 Apr 2021 | Rasmus Larsen |
PS5 HDR SDR match

PlayStation 5 now supports SDR/HDR matching for games & apps

14 Apr 2021 | Rasmus Larsen |
TCL 2021 TVs

TCL Europe launches new 4K LCD TVs with miniLED & HDMI 2.1

14 Apr 2021 | Rasmus Larsen |
PS5 USB storage

PS5's first major update brings new USB storage options, more

13 Apr 2021 | Rasmus Larsen |
Google Play Movies app

Google will remove its Play Movies app from Smart TVs & Roku

13 Apr 2021 | Rasmus Larsen |