iRobot, the company behind the Roomba robotic vacuum, filed for Chapter 11 bankruptcy protection on Sunday, marking a sharp turn for one of consumer robotics’ most recognizable brands. The filing clears the way for the company to go private under […]

The post iRobot files for bankruptcy after Amazon deal collapse and rising competition from cheaper rivals first appeared on Tech Startups.

The filing marks the end of a tumultuous year full of layoffs, executive departures, and piling debts.