Foley Hoag Represents Jibo, Inc. in $25.3M Series A Financing
January 26, 2015
Foley Hoag LLP recently represented Jibo, Inc. in its $25.3 million Series A financing, which will be used to expand its workforce, invest in technology and begin the manufacturing of Jibo, the "World's First Family Robot."
Jibo was founded by robotics pioneer Cynthia Breazeal, and is led by CEO Steven Chambers, a former Nuance Communications executive. The company is based in Boston, MA.
Funds for the financing were supplied by RRE Ventures, CRV, Flybridge Capital, Fairhaven Capital, Two Sigma Ventures, Osage University Partners, Samsung Ventures, Formation 8 and several angel investors.
About Foley Hoag LLP
Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse backgrounds, perspectives and experiences of our lawyers and staff contribute to the exceptional service we deliver to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.