Roku Plans to Go Public, Report Says

 By 
Todd Wasserman
 on 
Roku Plans to Go Public, Report Says
Credit: Luke Leonard/Mashable

Roku is planning to go public, and raise as much as $150 million, according to a report.

The TV streaming service has been in talks with Bank of America, Merrill Lynch and Citigroup about the move, according to Marketwatch. The report didn't outline what sort of valuation Roku would have, or when the IPO would take place.

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Founded in 2008, Roku reported last month that it sold 10 million of its set-top boxes to date. In comparison, Apple has sold at least 20 million Apple TVs.

So far, Roku has secured $140 million in funding.

The company did not immediately respond to a request for comment.

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