Roku seeks valuation just over $1 billion, says updated IPO document

Roku Inc. plans to raise at least $200 million for its initial public offering, according to documents filed with the Securities and Exchange Commission. The streaming device maker filed an amended S-1 on Monday that says the company is seeking between $12 and $14 a share, which would value the company at just over $1 billion at any price in that range. The company filed its first S-1 document Sept. 1. Roku is selling nine million shares itself which could net the company as much as $126 million. Early investor Menlo Ventures is selling six million shares worth as much as $84 million, and Sky Ventures Limited is selling 668,000 shares for as much as $9 million.

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