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§ Private Profile · El Segundo, CA, USA
Consumer electronics and software company designing cloud-served Nabi Android tablets with parental controls and kid-friendly applications for children.
Founded in 2008 by Robb Fujioka, Steve Hui, and John Hui, Fuhu was an El Segundo consumer electronics company that designed cloud software and hardware for children, most notably the Nabi series of Android tablets. The organization also developed educational applications like the Fooz Kids internet browser and employed up to one thousand people across six global offices. During a three year period, the enterprise achieved nearly 196 million dollars in revenue and raised over 66 million dollars from prominent investors including DreamWorks Animation, FoxConn, and Acer. Despite ranking first on the Inc 500 list for two consecutive years, the business faced intense market competition from tech giants like Amazon and Samsung. Due to an unsustainable burn rate, the company filed for bankruptcy in 2015 before its assets were acquired by Mattel for roughly 21 million dollars.
Fuhu has raised $21.3M across 3 funding rounds.
Fuhu has raised $21.3M in total across 3 funding rounds.
Fuhu has raised $21.3M in total across 3 funding rounds.
Fuhu's investors include Kazuhiko Masuda, Acer.
Fuhu has raised $21.3M across 3 funding rounds. Most recently, it raised $5.0M Other Equity in November 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2012 | $5M Venture Round | Kazuhiko Masuda | — | Announced |
| Aug 22, 2012 | $10M Debt Financing | — | — | Announced |
| May 7, 2009 | $6.3M Series B | Acer | — | Announced |