There's little doubt that the war to control your TV is not going to end any time soon. Microsoft is making a big bet on TV with the forthcoming Xbox One, and while Apple hasn't introduced its long-rumored TV set yet, the Apple TV set-top box is rapidly increasing in sales volume. And while Roku may not be nearly as big and influential as Microsoft or Apple, that's not stopping investors from putting a lot of money behind Roku's vision: the company just announced a new series of funding that tops out a whopping $60 million. Two new corporations backed Roku this time out — publisher Hearst Corp was announced, but Roku didn't reveal the name of the second company, only saying it is "one of the world's largest institutional investors."...
via The Verge - All Posts http://www.theverge.com/2013/5/29/4376880/roku-raises-60-million-investment-war-for-your-tv
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