Boxee is trying to raise more money, a company spokesperson confirmed via email Thursday. The confirmation came after a report from AllThingsD’s Peter Kafka that the company was looking to raise $ 30 million. “We are doing another found of financing,” Boxee’s spokesperson told me, without elaborating further. Boxee has previously raised around $ 27 million over three rounds.
However, it looks like there’s a plan B: Kafka reported that the company may also be looking for an exit by trying to sell itself to cable or telco providers. Boxee’s new Cloud DVR product could help a TV provider to potentially replace their legacy set-top boxes with newer technology, and offer their subscribers unlimited cloud storage for their DVR recordings. Asked about this possibility, I was told that the company is “looking at all options.”
Check my unboxing video of the Boxee Cloud DVR below:
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