After 12 Years of Roomba, iRobot Eyes Startups for Sector Growth

It’s also worth noting that iRobot’s push comes amid overall investor enthusiasm for robotics startups and a larger push by established technology companies for connected, responsive in-home devices.

Just last week, Cambridge, MA-based social robotics startup Jibo landed a $25.3 million investment round from venture capitalists. Earlier this month, manufacturing-robot maker Rethink Robotics added another $26.6 million, led by big-name investors GE Ventures and Goldman Sachs.

(All of these companies—iRobot, Jibo, and Rethink—will have speakers at Xconomy’s Robo Madness Boston event, hosted by Google in Kendall Square on March 11.)

Amazon, meanwhile, is busy putting its listening-post home assistant Echo device in some early adopter homes, while Google has been on an acquisition tear for in-home devices, adding smart-thermostat maker Nest and home-monitoring webcam startup Dropcam.

That’s a lot of money being wagered that consumers are ready to let more high-tech gear into their homes. As a pioneer of home robotics, iRobot might well be feeling some pressure to make sure it doesn’t get left behind.

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.