Roku Wants To Be Part Of Your Next Smart TV, Raises $60 Million To Do It

These days, just about any cheapo Blu-ray player or game console can stream video from Netflix or Hulu, so what's a company that makes a slew of low-cost video streaming boxes to do to stand out from the pack? Well, if you're Roku, the answer is you raise a ton of money and set your sights on software too. AllThingsD reports that Roku has just raised another $60 million in funding in a round led by Fidelity, and ATD?s Peter Kafka goes on to note that Roku is looking to use that infusion of capital to bolster its software partnerships with television manufacturers.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/GDzvVCLX6Hs/

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