Streaming Device Maker Roku Plans To Raise $100 Million In IPO

Roku plans to raise $100 million in an IPO that will see the streaming TV device manufacturer listed under the ‘ROKU’ ticker on the NASDAQ.

In terms of total hours streamed, Roku devices outpace competitors, Techcrunch reports, including Apple TV, Google Chromecast, Amazon Fire TV, and more. In addition to set-top boxes and dongles, Roku also integrates its technology into smart TV sets.

Roku was founded in 2002 by Anthony Wood and has raised roughly $209 million in VC funding to date...

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