"IRobot Corp., which relied on venture capital funding to bring robotic vacuums into homes and bomb-disarming robots onto battlefields, is counting on public investors to help it grow."
"IRobot has enjoyed rapid revenue growth: $14.8 million in 2002, to $54.3 million in 2003, and $95 million in 2004."
[AP]
iRobot has raised over $25M in venture capital from the likes of Acer (led their first round), FA Technology Ventures, Fenway Ventures, Trident Capital, and others. Last round post money was done at $139M. VC's should make a good return on their money.
Buy a Roomba
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