BSkyB ups Roku investment

UK pay TV operator Roku has made a further US$0.7 million investment internet streaming set-top box maker Roku.

The new funding takes its total investment in the firm to date to US$12.9 million, with Sky stating in a filing that the new cash injection will “provide financing for Roku’s operations and activities.”

At the same time, 21st Century Fox also made a further, undisclosed, equity investment in the firm.

Sky made the bulk of its investment in Roku in July 2012, topping this up with a further US$1.9 million investment in May 2013.

The initial investment gave Sky the option to rebrand and distribute versions of Roku’s devices in the future. Sky launched its branded Now TV service on Roku-manufactured boxes at the end of last year.