Boxee
Open-Source Freeware Media Player Software Platform
Company Overview
Snapshot
Founded in January 2004 by Tom Sella, Boxee operates with 11–50 employees. The company was acquired by Samsung Electronics in July 2013, leading to its closure.
Business overview
Boxee developed a partially open-source freeware media player software platform that integrates personal locally stored media with Internet streaming content and social networking features. The platform allowed users to share media consumption information with friends on social networks like Twitter and Facebook. Built on the Xbox Media Center project framework, Boxee enabled users to create custom apps, plug-ins, and skins, serving the Media & Entertainment Technologies sector by providing digital content engagement and entertainment solutions to consumers.
Strategic signal
In July 2013, Boxee was acquired by Samsung Electronics for an estimated $30 million. This acquisition marked a significant strategic move for Samsung to integrate Boxee's media software platform into its product ecosystem, signaling a consolidation in the digital media and streaming technology market. For investors, this event demonstrated the value of Boxee's technology and talent, culminating in a successful exit.
Log in to access full profile ›Company Intelligence Q&A
- When was Boxee acquired?
- Boxee was acquired by Samsung Electronics in July 2013.
- Who founded Boxee?
- Boxee was co-founded by Tom Sella.
- What is Boxee's primary business?
- Boxee developed a partially open-source freeware media player software platform that integrates local and internet streaming media with social networking features.
- Which investors participated in Boxee's funding round?
- Boxee received funding from BoxGroup and Spark Capital.
- What was the reported acquisition amount for Boxee?
- Samsung Electronics acquired Boxee for a reported $30 million in July 2013, leading to its closure.