Former Pixar Talent to Launch Toy Talk: Raises $16 Million in Funding
By Karla Robinson
November 14, 2012
November 14, 2012
- Artificial intelligence startup Toy Talk, which is targeted toward kids and entertainment, has raised a total of $16 million in funding after recently collecting $12 million in a Series A funding round.
- Former Pixar CTO Oren Jacob is leading the venture. “Jacob worked for Pixar on ‘Toy Story,’ ‘A Bug’s Life,’ ‘Toy Story 2’ and ‘Finding Nemo,’ and fellow co-founder Martin Reddy, who worked on artificial intelligence at SRI International, also worked at Pixar on films including ‘Finding Nemo,’ ‘The Incredibles,’ ‘Cars,’ ‘Ratatouille,’ and ‘WALL-E,'” GigaOM reports.
- As of now, Toy Talk remains in “stealth mode,” the post states. The company released a teaser video to demonstrate the concept, which has been described as “Teddy Ruxpin meets Siri.”
- “Toy Talk is the name of the company — I think it should be pretty obvious what we’re trying to do,” Jacob said at GigaOM‘s RoadMap conference.
- Investors include Charles River Ventures, Greylock Partners, First Round Capital, True Ventures and multiple angel investors. Toy Talk will launch in 2013.
- The post includes the one-minute trailer.
No Comments Yet
You can be the first to comment!
Leave a comment
You must be logged in to post a comment.