Wednesday, November 3, 2010

Neato Robotics Raises $17.6M

Mountain View-based Neato Robotics, the maker of a robotic vacuum cleaner, has raised around $17.6M in new funding, according to regulatory filings by the firm today. According to the filings, the firm raised $3.7M as part of a $14.0M Series B1 preferred stock round, and $13.9M as part of a $14.0M Series C round, in two separate fundraising efforts this year. Source of the new funding was not disclosed. More information »