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Dave - I'm happy to announce that Boxee has just closed a $16.5M round of financing.

New investors looking for a piece of the action:
Pitango [Tel Aviv] - Led by Isaac Hillel from Pitango who will join our board. 
Softbank [New York City] - Led by Jordy Levy.

Previous investors coming back for more: 
General Catalyst
Spark Capital
Union Square Ventures 

Funding / Company Snapshot
Our previous round of financing was $6M and at that time we were 12 employees, our software was in alpha and the Boxee Box was a dream. Fast forward 18 months and we are a different company. 34 employees, ver 1.0 of the software and the Boxee Box is available in more than 30 countries.

We are more hungry and driven than ever. Less naive, but dreaming even more ambitious dreams. We are also recruiting, so if you are a Boxee fan and passionate about what we’re doing then maybe you can join us in either NY or TLV. Check out our jobs page.

The new funding will help us focus on 3 main things:

Product - The new round will enable us to grow our development team, building new functionality while continuing to squash bugs. We will add more movies, TV shows, and video while at the same time making it easier to discover and watch them. We have ideas on both fronts and are excited to get to work. We would also like to see Boxee handle all the video on a TV with no need to switch inputs. 

More Content – We recently added Netflix and Vudu to the Boxee Box. There are many more sources of content on our ToDo list in the US and internationally. Every new content source makes Boxee more valuable so we'll be upping the speed with which they'll be coming on the platform. 

More Partners – D-Link is already shipping the Boxee Box, Iomega is working on a Boxee NAS device and ViewSonic is working on a TV based on Boxee. We plan to sign up more device and distribution partners, giving users more options and more ways to get Boxee.

We are really excited to welcome our new investors and thankful for the continued support of our existing investors. Most of all we’re happy that we get to continue to improve Boxee for our users.

If you've got questions, or would like to schedule an interview, just let me know. 


Bring all the TV shows, movies, music, and photos you love on the Internet onto your TV with Boxee.  Boxee's FREE software for Mac, Windows, and Linux organizes all your Internet & personal media into an easy-to-use interface that's social and optimized for a TV & remote.

Press Resources
Images & Logos as well as more information about our history and team.

The Boxee Box
Everything you need to know about the easiest way to bring Boxee into your living room. 

Boxee Blog
Developments, devices, events, and new contents - find it all on our blog. 

Contact Info
Confused, intrigued, tasked?
cell: (415) 287 7710
AIM/Gtalk: andrewdkippen

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