Edtech Business

Smart Toy Acquired by Cartwheel Kids

Oct 14, 2014

SMART TOY: Acquired by Culver City, CA-based Cartwheel Kids for an undisclosed sum. Smart Toy is the creator of UBooly (the company’s original name), a stuffed animal that can house a smartphone and interact with children. Now the company will build learning apps directly into the toy--without the need for a mobile device, reports TechCrunch. UBooly had raised $1.5 million in a seed round in 2012. Smart Toy is part of Disney’s inaugural accelerator. More details in the press release.

Edtech Business

Smart Toy Acquired by Cartwheel Kids

Oct 14, 2014

SMART TOY: Acquired by Culver City, CA-based Cartwheel Kids for an undisclosed sum. Smart Toy is the creator of UBooly (the company’s original name), a stuffed animal that can house a smartphone and interact with children. Now the company will build learning apps directly into the toy--without the need for a mobile device, reports TechCrunch. UBooly had raised $1.5 million in a seed round in 2012. Smart Toy is part of Disney’s inaugural accelerator. More details in the press release.

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