Jibo Receives Investment from Fenox Venture Capital

jiboJibo, a Boston, MA-based maker of a social robot, received an investment from Fenox Venture Capital.

The amount of the deal was not disclosed.

The company will use the funds to expand its global reach and further develop Jibo’s skills. Through Fenox VC, Jibo has partnered with SEGA SAMMY HOLDINGS, and CAC Holdings, which will help the company expand its sales and marketing to key regions globally.

Founded by MIT Media Labs professor Cynthia Breazeal and led by Steve Chambers, CEO, Jibo makes a social robot for the home shipping to more than 45 countries, including the U.S., EU and China via its pre sales Kickstarter campaign.
It is expected to be released in 2016.
The company has also released Jibo SDK, which allows developers to create and build a wide range of Jibo Skills (robot applications), extending Jibo’s personality and capabilities in the home.



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