Investors find Chumby endearing as well with new $12.5 million round

Investors find Chumby endearing as well with new $12.5 million round

Personal electronic devices with Internet connections are all the rage these days. A small, part touch-screen, part stuffed animal called Chumby is hands down the most endearing of these.

Chumby’s parent company, Chumby Industries, announced today a new round of financing to expand the reach of its cute device. Interestingly, the company is also looking to expand beyond the Chumby into other devices that use screen interaction such as digital picture frames and possibly even LCD… Continue Reading