Press for Boxee

Indie-film subscription streaming service Fandor is coming out of beta Wednesday and coming onto Boxee, for what may be the first of many deals to get on connected devices.

Having raised new venture funding last week, Boxee now plans to expand in to Europe whilst launching the payment platform that will become its main business model.

Web-TV start-up Boxee Inc. has secured a new round of financing, as it seeks to grow internationally amidst home-turf competition from technology giants like Apple Inc. and Google Inc.

Boxee, the New York startup that finally started shipping its much-anticipated streaming video device the Boxee Box last November, just announced that it has raised $16.5 million in new funding.