Ugobe raises $12.8 million for smart robots beyond Pleo

Ugobe raises $12.8 million for smart robots beyond Pleo

Robots are more popular than ever, from the iRobot Roomba vacuum robot to the new Sony Rolly music-playing, egg-shaped robot. Ugobe, the maker of the cute dinosaur robot Pleo, is cashing in on the craze by raising a new round of venture capital, VentureBeat has learned.

Emeryville, Calif.-based Ugobe has raised $12.8 million in a third round of financing to expand its robot beyond Pleo, said the company’s chief executive, Bob Christopher.

The company’s robot team is… Continue Reading