Xumo is excited to announce that it has successfully raised $4,000,000 in funding to accelerate its mission of making streaming effortless and enjoyable for everyone. Known for its innovative approach to digital entertainment, Xumo is at the forefront of transforming how users experience TV. Whether through Xumo TV, which delivers a smart, intuitive streaming experience on leading TV models from Hisense, Element, and Pioneer, or the Xumo Stream Box that consolidates live TV and digital streaming into one simple device, Xumo is dedicated to personalizing how you watch. The company’s suite of offerings now empowers viewers with access to over 250 top apps, including an advanced voice remote boasting Emmy award-winning voice search technology, ushering in a new era of convenience and engagement.
This new capital injection will primarily be used to expand product capabilities, enhance user interface designs, and broaden market presence in a rapidly evolving streaming landscape. Additionally, Xumo plans to invest in the growth of its free, ad-supported streaming service, Xumo Play, which now offers an impressive library of 15,000 on-demand titles and 350+ channels. This investment not only reinforces Xumo’s commitment to delivering free, high-quality entertainment but also bolsters its efforts to serve diverse audiences anywhere, anytime. With this funding, Xumo will also explore innovative avenues with Xumo Enterprise and Xumo Advertising, driving forward the next generation of streaming solutions. All in all, this milestone marks a significant leap toward realizing Xumo’s vision of “All You Can Stream,” ensuring that the future of television remains engaging, accessible, and infinitely versatile for users worldwide.
