The extra capital will be used to enhance its software, solve bugs and build new functionality into their product(s). In the company’s words:
One of our greatest challenges will be to add more movies, TV shows, and video while at the same time making it easier to discover and watch them. We have ideas on both fronts and are excited to get to work.Many of you would like to see Boxee handle all the video on their TV with no need to switch inputs. We’d like to get there, too.
In addition to product enhancements, the funding will be used to strike more content and hardware manufacturer partnerships.