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Roku in talks to raise USD 200 million - report

Monday 27 February 2017 | 12:40 CET | News
Roku is in advanced discussions to raise at least USD 200 million in new funding at a valuation of approximately USD 1.5 billion, sources familiar with the situation told Fortune. The round will be led by US-based investors, but "not standard Silicon Valley venture firms", the report said. The total raised could go above USD 200 million if existing investors also decided to sell shares. The streaming video specialist has raised USD 210 million in funding so far from investors including News Corp, Fidelity Investments, Menlo Ventures, Hearst Ventures, Viacom, Fox Networks, and Netflix. The

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Categories: Internet
Companies: Roku
Countries: World
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