Re:Foundry Group Invests in Orbotix - iPhone Based Toys
by replicatorblog on Monday October 04, 2010 @02:49PM
(#1756789)
Its hard to tell if they see the future as being a toy/game company or if this toy/game is a proof of concept for a broader API between the physical and digital worlds. My hunch is the latter, as it better fits in with Foundry's "Glue" theme and this doesn't seem like a very compelling toy.
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Re:Foundry Group Invests in Orbotix - iPhone Based Toys
by atomical on Monday October 04, 2010 @03:02PM
(#1756858)
One of Foundry's current investments is a toy company.
http://www.smithandtinker.com/
It's a bit of both? The product and the glue?
Re:Foundry Group Invests in Orbotix - iPhone Based Toys
by replicatorblog on Monday October 04, 2010 @03:09PM
(#1756878)
They also invested in a company called Sifteo that is a Toy/Web combo. They are one of the leading investors in the kid tech market it seems.
Smith & Tinker actually pivoted away from toys and are now focusing on micro-transaction based web games.