Boxee Raises Funding - On Track to Become Big Player for Media Streaming
Lately we've been giving our readers quite a bit of news about Boxee, the software that allows you to watch Hulu content on your Apple TV. Now it looks like Boxee has obtained the funding to become a true powerhouse in media streaming. According to LaLaNews:
And now they've got the funding to continue on that track, thanks to a $4 million first round from Spark Capital and Union Square Ventures. This money will be used not only to entice current and future content providers such as Hulu, CBS, Netflix and BBC to put their goods on the service, it'll also provide the means to persuade the increasingly important set-top box manufacturers to include the Boxee software.
One could easily imagine Boxee running on something like the Roku box (which is currently looking for partners beyond Netflix) or maybe even something like the Vudu box. Of course, if Boxee could convince cable box manufacturers and cable companies to use the software, that would be a win for everyone.
We don't know if it will be because of Boxee or another company but we're just dying to get Hulu on our Netflix Player. Maybe soon, huh?
At LaLaNews.com
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Posted by William Hungerford at November 21, 2008 9:30 AM
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