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Boxee raises USD 16.5 million

Tuesday 1 March 2011 | 15:48 CET | News
Internet TV software developer Boxee has raised USD 16.5 million. The financing includes new investors Pitango and Softbank and the participation of prior investors General Catalyst, Spark Capital and Union Square Ventures. Isaac Hillel from Pitango will join the Boxee board. The company last raised USD 6 million 18 months ago, and has since then nearly tripled its staff numbers and launched the Boxee Box. The new financing will eb used to invest in development, add content to the Boxee Box and find more hardware partners.

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Categories: Internet
Companies: Boxee / Softbank
Countries: World
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