Roku

Roku

Streaming devices and content platform provider

About Roku

Simplify's Rating
Why Roku is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Consumer Software

Consumer Goods

Entertainment

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Jose, California

Founded

2002

Overview

Company Historically Provides H1B Sponsorship

Roku provides a range of products and services in the streaming television market, mainly targeting consumers in the U.S. and Mexico. Their offerings include Roku-branded TVs, streaming players, audio equipment, and a Smart Home system, all powered by a specialized operating system that enhances the home theater experience. Roku also creates original content through its Roku Originals brand, which is available on The Roku Channel, a free streaming service that reaches around 80 million households. The company generates revenue through hardware sales, advertising, and content distribution, setting it apart from competitors by combining product sales with ad-supported streaming services.

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Frndly TV could boost platform revenue and subscriptions.
  • New budget streaming sticks may capture cost-sensitive customers, increasing hardware sales.
  • Hyundai's Roku-powered TVs in Mexico could expand Roku's Latin American market presence.

What critics are saying

  • Michigan AG lawsuit may lead to reputational damage and financial penalties.
  • Integration challenges with Frndly TV could affect platform performance.
  • New budget devices may cannibalize sales of existing Roku products.

What makes Roku unique

  • Roku's proprietary OS offers a seamless and user-friendly streaming experience.
  • Roku Originals provide exclusive content, enhancing The Roku Channel's appeal.
  • Roku's diverse product range includes TVs, streaming players, and smart home devices.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$466.8M

Above

Industry Average

Funded Over

9 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Unlimited vacation days

Medical, wellness, and financial benefits

Free snacks and access to fitness center at headquarters

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
The Wrap
May 1st, 2025
Roku Acquires Frndly TV for $185M

Roku is set to acquire Frndly TV for $185 million in cash, with $75 million contingent on performance goals over two years. The deal, expected to close in Q2, will see Frndly TV remain available on all current platforms. Roku CEO Anthony Wood highlighted the acquisition's potential to boost platform revenue and subscriptions. Frndly TV CEO Andy Karofsky expressed excitement about joining Roku, citing alignment in customer demographics and strategic vision.

The Desk
May 1st, 2025
Roku to acquire low-cost streaming service Frndly TV

Streaming developer Roku has inked an agreement to acquire wallet-friendly pay television provider Frndly TV, the companies announced on Thursday.

Detroit Free Press
May 1st, 2025
Michigan AG sues Roku over child data collection. What the attorney general is claiming

Roku denies the allegations and says it complies with privacy laws.

Cord Cutters News
Apr 30th, 2025
Michigan AG Sues Roku Over Alleged Violations of Children's Privacy Laws

Yesterday, Michigan Attorney General Dana Nessel announced that they have filed a lawsuit against Roku, Inc., accusing the popular television streaming platform of violating federal and state privacy laws by illegally collecting and sharing children's personal information.

Metro Times
Apr 29th, 2025
Michigan AG sues Roku for allegedly violating children's privacy laws

Michigan AG sues Roku for allegedly violating children's privacy laws.

Recently Posted Jobs

Sign up to get curated job recommendations

Senior UX Product Designer - Mobile

Cambridge, UK

Manager-Data Engineering

Bengaluru, Karnataka, India

Executive Assistant

Austin, TX, USA

See All Jobs

Roku is Hiring for 126 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Roku's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Roku

Vizio

Vizio

Irvine, California

Rockbot

Rockbot

Oakland, California

Tubi

Tubi

San Francisco, California

Manager-Data Engineering

Bengaluru, Karnataka, India

Executive Assistant

Austin, TX, USA

See All Jobs

Roku is Hiring for 126 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Roku's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Roku

Vizio

Vizio

Irvine, California

Rockbot

Rockbot

Oakland, California

Tubi

Tubi

San Francisco, California