Tech Company Financing Transactions
Jibo Funding Round
On 1/21/2015, Jibo raised $25.3 million in Series A funding from RRE Ventures, CRV and Fairhaven Capital.
Transaction Overview
Company Name
Announced On
1/21/2015
Transaction Type
Venture Equity
Amount
$25,300,000
Round
Series A
Investors
RRE Ventures (Lead Investor)
CRV (Bruce Sachs)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
745 Atlantic Ave.
Boston, MA 02111
USA
Boston, MA 02111
USA
Phone
Website
Email Address
Overview
Jibo is an interactive social and emotive robot that provides information, entertainment, education, and communications capabilities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Steve Chambers
Chief Executive Officer
Brian Eberman
Executive Vice President
Jeri Asher
Founder
Cynthia Breazeal
VP - Finance
Rich Westelman
VP - Manufacturing
Adam Craft
VP - Marketing
Nancy Dussault-Smith
VP - Marketing
Lynda Smith
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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