Roku

Roku

Streaming devices and content distribution platform

About

Roku operates in the streaming television market, providing a variety of products such as Roku-branded TVs, streaming players, and audio equipment. Their products are powered by a specialized operating system that enhances the home theater experience. Roku also creates exclusive content through Roku Originals, which is available on The Roku Channel, a free streaming service that reaches around 80 million households. Unlike many competitors, Roku's business model combines hardware sales with advertising revenue and content distribution, allowing them to generate income from both product sales and ad-supported streaming services. The company's goal is to deliver an accessible and enjoyable streaming experience for consumers.

Company Stage

IPO

Employees

1,001-5,000

Industries

Consumer Software, Consumer Goods, Entertainment

Total Funding

$241M

Headquarters

San Jose, California

Founded

2002


Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with The Trade Desk boosts ad revenue through a biddable private marketplace.
  • Partnership with Kroger enhances advertising precision for CPG marketers.
  • Seasonal programming on The Roku Channel increases viewer engagement and platform attraction.

What critics are saying

  • Dolby's lawsuit could result in significant legal costs and damages.
  • Recent data breach highlights vulnerabilities in Roku's cybersecurity measures.
  • Integration with The Trade Desk may expose Roku to competitive pricing pressures.

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 Smart Home systems diversify its product offerings beyond streaming devices.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

8%

2 year growth

-4%

Benefits

Unlimited vacation days

Medical, wellness, and financial benefits

Free snacks and access to fitness center at headquarters

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