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PublicNASDAQ:IRBT
Raised
Post IPO Valuation

General Information

Websiteirobot.com
CategoryConsumer Electronics/Devices
Phone(800) 727-9077
Emailpublicrelations@i...
Employees
Founded1990
DescriptionRobots for home, defense, and educators

Offices

Bedford, USA

People

CEO, Co-Founder
CFO
President - Government & Industrial Robots Division
Vice President of Information Technology and CIO
Director
Director
CTO, Co-Founder
Senior Vice President and General Counsel
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Acquisitions

Evolution Robotics, 9/2012 $74M

Investments

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iRobot

The product of MIT, iRobot (IRBT) is the bellwether company for the emerging robot economy. It is the maker and home of the famous archetype military robot, the PackBot and of the world’s first mass-produced consumer vacuum cleaner robot, the Roomba.

Founded in 1990 by roboticists from the Massachusetts Institute of Technology, iRobot designs behavior-based, artificially intelligent robots. iRobot’s products are designed to navigate through complex and dynamic real-world situations, from maneuvering around furniture to searching abandoned buildings. Their robots are highly sophisticated, yet practical and easy to use.

To date, more than 3 million Home Robots have been sold worldwide and over 1,500 iRobot PackBot┬« Tactical Mobile Robots have been deployed worldwide, mostly in Iraq and Afghanistan. These robots have performed tens of thousands of missions and are credited with saving scores of soldiers’ lives. iRobot has won numerous awards for innovation and design.

iRobot has been very active in the federal SBIR program

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Irobot

Sources

  1. iRobot Acquires Evolution Robotics, Makers Of The Mint Robot Vacuum, For $74 Million (techcrunch.com) [edit]
  2. InTouch Health Receives $6 Million from iRobot Corp. (independent.com) [edit]
  3. INTOUCH HEALTH RECEIVES $6 MILLION INVESTMENT FROM iROBOT CORP. (intouchhealth.com) [edit]
  4. IRobot sending military robots to Japan in relief effort (masshightech.com) [edit]
    IRobot shares jump on news of $230M Navy contract (masshightech.com) [edit]
    IRobot inks $7.6M deal with Army (masshightech.com) [edit]
    iRobot shares rise on ratings upgrade (masshightech.com) [edit]
    iRobot Receives $14.1 Million Order from the U.S. Navy (freshnews.com) [edit]
    iRobot gets $60M PackBot deal (masshightech.com) [edit]
    iRobot gets $6M in U.S. Army orders (masshightech.com) [edit]
    iRobot receives $12.7M U.S. Army order (masshightech.com) [edit]
    iRobot gets $7.7M U.S. Navy order (masshightech.com) [edit]
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Last Edited 4/12/14

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