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	<title>GigaOM &#187; David Sze</title>
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		<title>GigaOM &#187; David Sze</title>
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		<title>Led by former Pixar talent, Toy Talk raises Series A and brings funding to $16 million</title>
		<link>http://gigaom.com/2012/11/09/led-by-former-pixar-talent-toy-talk-raises-series-a-and-brings-funding-to-16-million/</link>
		<comments>http://gigaom.com/2012/11/09/led-by-former-pixar-talent-toy-talk-raises-series-a-and-brings-funding-to-16-million/#comments</comments>
		<pubDate>Fri, 09 Nov 2012 23:13:04 +0000</pubDate>
		<dc:creator>Eliza Kern</dc:creator>
				<category><![CDATA[David Sze]]></category>
		<category><![CDATA[Greylock Partners]]></category>
		<category><![CDATA[oren jacob]]></category>
		<category><![CDATA[Pixar]]></category>

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		<description><![CDATA[Toy Talk, the stealth startup coming from former Pixar CTO Oren Jacob, has raised a $12 million Series A bringing its total so far to $16 million. Toy Talk, launching in 2013, has released a teaser video for its product, which has artificial intelligence for kids.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gigaom.com&#038;blog=14960843&#038;post=583041&#038;subd=gigaom2&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Toy Talk, the artificial intelligence startup aimed at kids and entertainment and led by former Pixar CTO Oren Jacob, has raised a $12 million Series A funding round led by Charles River Ventures, bringing the company&#8217;s total funding so far to $16 million, a company spokeswoman confirmed Friday.</p>
<p>An SEC <a href="http://www.sec.gov/Archives/edgar/data/1533174/000113763812000005/xslFormDX01/primary_doc.xml" target="_blank">filing</a>, first noted <a href="http://venturebeat.com/2012/11/09/talking-teddybears-raise-11-5m/" target="_blank">by Venturebeat</a>, shows that the company recently raised $11.5 million as part of the Series A. The company earlier raised a $4 million seed round that was led by Greylock Partners and included First Round Capital, True Ventures (see disclosure) and a number of angel investors, the Toy Talk spokeswoman confirmed.</p>
<p>Toy Talk, which has been described as &#8220;Teddy Ruxpin meets Siri,&#8221; recently released a teaser video showing the concept behind the startup, which is still in stealth mode. <a href="http://www.sec.gov/Archives/edgar/data/1533174/000113763812000005/xslFormDX01/primary_doc.xml" target="_blank">Speaking at GigaOm&#8217;s RoadMap conference</a> this week about the importance of good design in building a message, Jacob said the concept behind the company, launching in 2013, should be clear.</p>
<p><a href="http://www.pixartalk.com/pixarians/oren-jacob/" target="_blank">Jacob worked for Pixar</a> on <em>Toy Story</em>, <em>A Bug’s Life</em>, <em>Toy Story 2 </em>and <em>Finding</em> <em>Nemo</em>, and fellow co-founder Martin Reddy, who worked on artificial intelligence at SRI International, also worked at Pixar on films including <em>Finding Nemo</em>, <em>The Incredibles</em>, <em>Cars, Ratatouille, and WALL-E</em>.</p>
<p>“<a href="http://toytalk.com/">Toy Talk</a> is the name of the company – I think it should be pretty obvious what we’re trying to do,&#8221; Jacob said at RoadMap.</p>
<p><em>Disclosure: Toy Talk is backed by True Ventures, a venture capital firm that is an investor in the parent company of this blog, Giga Omni Media. Om Malik, founder of Giga Omni Media, is also a venture partner at True.</em></p>
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			<media:title type="html">Oren Jacob, Executive Producer &#34;Ready, Set, Bag,&#34; at NTVL</media:title>
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