Ugobe secures 12.8 million dollars in additional funding

Posted 12 Jun 2008 at 04:41 UTC (updated 12 Jun 2008 at 05:16 UTC) by roschler

Ugobe, Inc., makers of Pleo the sophisticated dinosaur robot has raised another 12.8 million dollars in additional venture capital for the purpose of extending the Ugobe robot line. As written in a recent VentureBeat article, Taiwanese manufacture Hyield Venture Capital Company, a division of FoxConn Technology led this recent round of funding that included the Frontier Management Group in Shanghai, China, and Maxima Capital who launched Dell's Asian operations facilities. This brings the total funding raised by Ugobe so far to 24 million dollars.