Roku Adds $8.4 Million In Funding From Menlo Ventures

Who says we’re in a down economy! And remember when nobody thought the little Roku box could compete with all the big boys? I’m happy to see them do so well for themselves, and no doubt that’s a reason why they have been able to stay competitive by continuously increasing features.

 

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Set-top box-maker Roku has raised nearly $8.4 million in funding from Menlo Ventures as part of a fourth round. Contentinople first reported the raise, citing a regulatory filing. This follows a third round of funding from Menlo late last year (Another filing shows it totaled $10 million).