Internet video is a fast-growing business. Roku had 15 million monthly active users at the end of June, an increase of 43% vs last year. It said early this year that 13% of all smart TV shipments in the U.S. were Roku-equipped sets from makers including Hisense, Hitachi, Insignia, Sharp and TCL.
The company, founded in 2002, has raised $208.6 million from 13 investors in nine funding rounds, Crunchbase says. Backers include Fox Networks Group, Hearst Communications, Netflix, Sky, and Viacom.