RobotAppStore operates an online app marketplace aimed at robots, hosting roughly 500 apps today. The company plans to use new funding to further build out the app-store platform, hire staff, and perform outreach to robot makers and app developers to grow the ecosystem. Developers on the platform receive 70% of app earnings. RobotAppStore was bootstrapped until this round and has positioned itself to address platform fragmentation across diverse robot hardware and software (the company cites roughly 30 million domestic robots in circulation). The team sees movement toward standards such as ROS as helpful to broader adoption. The company and its lead investor believe apps can spur more hardware purchases and expand the overall robotics market (ABI Research projects $18 billion in robotics revenue by 2015).

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2012