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	<title>Observer &#187; Boxee Gets $6M, Still Serious About Getting on Devices</title>
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		<title>Observer &#187; Boxee Gets $6M, Still Serious About Getting on Devices</title>
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		<title>Boxee Gets $6M, Still Serious About Getting on Devices</title>

		<comments>http://observer.com/2009/08/boxee-gets-6m-still-serious-about-getting-on-devices/#comments</comments>
		<pubDate>Wed, 12 Aug 2009 19:53:16 -0400</pubDate>
					<link>http://observer.com/2009/08/boxee-gets-6m-still-serious-about-getting-on-devices/</link>
			<dc:creator>Gillian Reagan</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/boxee-wallpaper.jpg?w=300&h=187" />Boxee, the free open-source software that's set to reinvent the living room, has acquired a $6M round of financing led by <a id="l6il" title="General Catalyst" href="http://www.generalcatalyst.com/">General Catalyst Partners</a>, along with financing from their original investors <a id="b40q" title="Spark Capital" href="http://sparkcapital.com/">Spark Capital</a> and <a id="w5ri" title="Union Square Ventures" href="http://unionsquareventures.com/">Union Square Ventures</a>. "[G]iven the momentum and opportunities we&rsquo;ve seen over the past few months, we thought it made sense to bring in a new partner and additional funds," <a href="http://blog.boxee.tv/2009/08/12/boxee-gets-a-6m-catalyst/">wrote founder Avner Ronen on the Boxee blog</a> this morning.</p>
<p>To help them make deals with big media companies, managing director of General Catalyst Neil Sequeira joined Boxee's board. According to <a href="http://www.generalcatalyst.com/team/neil_sequeira">his bio,</a> Mr. Sequeira was the former managing director of technology for Time Warner Investments and worked with AOL, HBO, Time Inc., Time Warner Cable, Turner and Warner Bros. on possible investments.</p>
<p>"We wanted a partner to help us as we strengthen our relationships with big media and cable companies," Mr. Ronen explained. "As we learned (the hard way), it is a complicated world. Neil and General Catalyst as a firm have years of experience, deep understanding, and extensive network in these industries, and we are looking forward to working together with them."</p>
<p>Along with working on a new "beta" release by this fall and bringing in more "ad-based, subscription-based and a la carte type services" to the software, Mr. Ronen and his team is focusing on getting Boxee onto a hardware device by 2010.</p>
<p>"Boxee today is mostly serving a tech-savvy audience &ndash; those who feel comfortable connecting a computer to a TV," he wrote. "To make Boxee more accessible for a mainstream consumer it&rsquo;s important for us to get Boxee embedded into connected TVs and Blu-Ray players, game consoles and set-top boxes. We&rsquo;re already talking to device makers to ensure Boxee works on a variety of platforms for 2010."</p>
<p>Boxee needs to keep up with devices already bringing Web content to TV setboxes--including TiVO and Roku, <a href="/2009/media/bliptv-lands-youtube-nbc-tivo-deals-shortens-gap-between-living-room-and-pc-screens">which recently increased partnership deals for Web show distribution with Blip.tv</a>.</p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/boxee-wallpaper.jpg?w=300&h=187" />Boxee, the free open-source software that's set to reinvent the living room, has acquired a $6M round of financing led by <a id="l6il" title="General Catalyst" href="http://www.generalcatalyst.com/">General Catalyst Partners</a>, along with financing from their original investors <a id="b40q" title="Spark Capital" href="http://sparkcapital.com/">Spark Capital</a> and <a id="w5ri" title="Union Square Ventures" href="http://unionsquareventures.com/">Union Square Ventures</a>. "[G]iven the momentum and opportunities we&rsquo;ve seen over the past few months, we thought it made sense to bring in a new partner and additional funds," <a href="http://blog.boxee.tv/2009/08/12/boxee-gets-a-6m-catalyst/">wrote founder Avner Ronen on the Boxee blog</a> this morning.</p>
<p>To help them make deals with big media companies, managing director of General Catalyst Neil Sequeira joined Boxee's board. According to <a href="http://www.generalcatalyst.com/team/neil_sequeira">his bio,</a> Mr. Sequeira was the former managing director of technology for Time Warner Investments and worked with AOL, HBO, Time Inc., Time Warner Cable, Turner and Warner Bros. on possible investments.</p>
<p>"We wanted a partner to help us as we strengthen our relationships with big media and cable companies," Mr. Ronen explained. "As we learned (the hard way), it is a complicated world. Neil and General Catalyst as a firm have years of experience, deep understanding, and extensive network in these industries, and we are looking forward to working together with them."</p>
<p>Along with working on a new "beta" release by this fall and bringing in more "ad-based, subscription-based and a la carte type services" to the software, Mr. Ronen and his team is focusing on getting Boxee onto a hardware device by 2010.</p>
<p>"Boxee today is mostly serving a tech-savvy audience &ndash; those who feel comfortable connecting a computer to a TV," he wrote. "To make Boxee more accessible for a mainstream consumer it&rsquo;s important for us to get Boxee embedded into connected TVs and Blu-Ray players, game consoles and set-top boxes. We&rsquo;re already talking to device makers to ensure Boxee works on a variety of platforms for 2010."</p>
<p>Boxee needs to keep up with devices already bringing Web content to TV setboxes--including TiVO and Roku, <a href="/2009/media/bliptv-lands-youtube-nbc-tivo-deals-shortens-gap-between-living-room-and-pc-screens">which recently increased partnership deals for Web show distribution with Blip.tv</a>.</p>
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