MBBP Client OYO Sports Acquires New Investors 10/20/2014Posted by Morse Barnes-Brown Pendleton in Client News, Games & Interactive Entertainment, Industries, Intellectual Property, Manufacturing, Retail & Service, MBBP news.
Tags: innovation, Mandalay Sports Media, NBA, NFL, NHL, NSL, OYO sportstoys
MBBP client OYO Sports is getting noticed by investors and making strides towards innovative toys for kids. OYO, based in Acton, makes plastic “minifigure” toys that resemble star athletes, similar to the popular Lego toys. The local toy start-up company has raised $14 million in funding in the last year and has recently acquired a new investor. OYO’s newest investor is Mandalay Sports Media, a company chaired by Hollywood executive Peter Guber, who is also an owner of the Los Angeles Dodgers and the NBA’s Golden State Warriors. Local OYO investors include Atlas Venture and Boston Seed.
Way to go, OYO!