Jibo gets new investment

What does Jibo do?

Jibo, is the world’s first social robot for the home. It is an early stage start up and developer of Jibo, the “First Family Robot” which is founded by Cynthia Breazeal, robotics pioneer, and staffed by the consumer electronics and robotics leaders in San Francisco and Boston areas. The company has become 1 of the top 5 most funded campaigns with 5,554 supporters. The social robot is friendly, helpful and intelligent. The robot can sense and respond and learn as you engage with it. Jibo ships to over 45 countries including China, U.S. and EU.

How much Jibo was funded?

Jibo raised an undisclosed amount in Series B on November 25, 2015.

Previous funding

• Undisclosed amount on June 5, 2014 from CRV, Fairhaven Capital Partners and Osage University Partners
• $2.3M on October 17, 2014 from CRV
• $25.3M in Series A on January 21, 2015 from RRE Ventures, Flybridge Capital Partners, CRV andTwo Sigma Ventures
• $11M in Series A on August 6, 2015 from KDDI, Dentsu Ventures, Acer, NetPosa Technologies and LG U
• What is next for Jibo?

The company plans to use the latest funding for expanding its global reach and further developing its skills. The robot is expected to be released next year. This intelligent humanoid is expected to become the user’s home’s central part and lead the developing social robotics space.

More about Jibo

Jibo was founded in 2012 by Cynthia Breazeal. It has its headquarters in Cambridge, MA. The humanoid robot is expected to be released in 2015. It is a design driven company which is dedicated to creating an unforgettable experience with advanced social robotics technology. It is a capable and engaging family companion. It is brought to provide help, fun and companionship to everyone in the home.