Jibo Garners $25,300,000 Series A Financing

  • Feed Type
  • Date
    1/21/2015
  • Company Name
    Jibo
  • Mailing Address
    One Broadway 14th Floor Cambridge, MA 02142 USA
  • Company Description
    Jibo is an interactive social and emotive robot that provides information, entertainment, education, and communications capabilities.
  • Website
    http://www.myjibo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,300,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Jibo will use the financing to fulfill orders on its Indiegogo campaign, which has seen the company take in 4,800 orders for its little robot; as well as aggressively hire more staff, develop new prototypes, and encourage a developer community to create new apps for the company’s first product.
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