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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.