A “chumby” is a little internet gadget with an LCD screen sewn into a soft bag. This is the company logo:
A papercrafting blogger who works for chumby released this 3D version…
…which he says he made in Blender3D, but which appears on a website about PaperCut, a program that allows you to print out cut-and-paste models from 3D designs. Or something.
The point is, it looks something like a hectopus. (Thanks, Rosemary.)