Jibo, the first Social Robot for the home -- has closed $11M in Series A extension round to accelerate Jibo operations, product enhancements, partner content integrations and Jibo's market introduction. Participating investors include Acer, Dentsu Ventures, KDDI, LG Uplus and NetPosa Technologies.
In January this year, Jibo raised $25.3 million in Series A financing. Prior to this strategic investment, Jibo's combined Indiegogo and InDemand campaigns raised approximately $4 million with more than 6,500 Jibos shipped.
Jibo is designed to help the family stay connected and improve family communication -- anything from lending a hand in managing users busy life to providing companionship and entertainment.