In 2015, the company announced it would be sub-leasing the buildings in Los Gatos, California from Netflix. Īnother round of about $8.4 million was disclosed in 2009. Ī round of venture capital funding from Menlo Ventures was announced in October 2008.

Later in 2008 company headquarters moved to Saratoga, California, further south in Silicon Valley. Īfter Netflix decided to not build its own player, a new Roku company was incorporated in February 2008, based in Palo Alto, California, with Netflix as an investor of $6 million, to build a player.

In April 2007 Wood was named a vice president of Netflix. Roku (六) means 'six' in the Japanese language, to represent the fact that Roku is the sixth company Wood started. Roku was founded in October 2002 as a limited liability company (LLC), by ReplayTV founder Anthony Wood. Roku has an advertising business and also licenses its hardware and software to other companies. ( / ˈ r oʊ k uː/ ROH-koo) is an American company that manufactures and sells a variety of digital media players for video streaming, audio equipment and operates an ad-supported video on demand service. Former headquarters in Los Gatos (subleased from Netflix)

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