Roku Streaming Company Raising New Funds

Roku is in advanced discussions to raise at least $200 million in new funding at a post-money valuation of approximately $1.5 billion, according to sources familiar with the situation. The company received a term sheet this week. The round will be led by U.S.-based investors, one source says, but “not standard Silicon Valley venture firms.” The total raise could go above $200 million because a portion of the deal may include secondary sales by existing investors.- Erin Griffith,Fortune http://ift.tt/2lALe52