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Aug-2009

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Sam Dean (2)
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boxee (2)
media center (2)
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Boxee Investors See it As "Firefox for Media," Aiming High

Last week, we covered the news of a new $6 million round of venture capital funding for Boxee which is behind the very popular Boxee open source media center application. Open source applications for managing videos, music, television content, movies and the like have been maturing, and the VC community is definitely waking up to Boxee's potential. The company's latest round of funding was led by Boston-based General Catalyst with participation by prior investors Spark Capital and Union Square Ventures. Now VideoNuze has a very interesting interview with Boxee investors Bijan Sabet and Neil Sequeira.?


With New Funding in Tow, Boxee Will Head for CE Devices

Among open source media center applications for managing video, music and other entertainment content, Boxee has emerged as a clear leader. This week the company announced that it has received a $6 million injection of venture capital funding, led by Boston-based General Catalyst with participation by prior investors Spark Capital and Union Square Ventures.

The investment brings Boxee's total funding to $10 million, obtained in under a year. As Boxee officials noted in their announcement of the funding: Boxee today is mostly serving a tech-savvy audience ? those who feel comfortable connecting a computer to a TV. For example, Boxee is very popular with Apple TV users, who manage media with it, and are able to watch video content on big-screen TVs. So what lies ahead for it, and how can it gain appeal beyond a tech-savvy audience?