Jibo social robot: where things went wrong

Social robot company Jibo is sadly running on fumes after burning through nearly $73 million in funding. In a story first reported by BostInno and since confirmed by The Robot Report, Jibo has laid off the majority of its workforce to enable "additional time to secure additional funding or pursue an exit." Jibo was once heralded as "the first social robot for the home." Founded in 2012 by famed MIT roboticist Cynthia Breazeal, Jibo successfully raised over $3.5 million when its Indiegogo campaign ended in 2014. At the time, Breazeal promised to usher in a new age of social robotics.