Roku, which provides streaming media set-top boxes with over 600 channels, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The Los Gatos, CA-based company was founded in 2002 and booked $436 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol ROKU. Roku filed confidentially on July 17, 2017. Morgan Stanley, Citi, Allen & Company and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
