New York - Boxee, a developer of set-top box software that can deliver Web video and audio content to a television, has raised $4 million in funding from Union Square Ventures and Spark Capital.

New York-based Boxee's software can turn a Mac, PC or even Apple TV device into a set-top that can stream content from providers such as Hulu, CBS, Comedy Central, Last.fm and Flickr to a television.

The company next year aims to launch a public beta, further develop its product, and end the year with 1 million users.

Related Links:
http://blog.boxee.tv/2008/11/17/welcome-on-board-bijan-and-fred/

http://snipurl.com/5su5n (Silicon Alley Insider)

http://www.boxee.tv