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 Bob Christopher, chief executive of Ugobe. The company’s robots are led by a team headed by Caleb Ch
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