Austin company inks tablet partnership deal with Samsung

Aug 15, 2014
Austin Business Journal

Famigo Inc. has closed a deal that enables its content platform to be preloaded on two types of tablets made by Samsung Inc

Austin-based Famigo said that its family-friendly games, videos and other content will be available through the Android platform on both the Samsung Galaxy Tab 4 and the Samsung Galaxy Note Pro. The arrangement is expected to provide an important sales channel to Famigo as tablets become more widely adopted by users, CEO Q Beck said

The deal is the result of another partnership with Dallas-based AT&T Inc. that Famigo reached earlier this year, he said

Users can access educational entertainment — with new content added daily — and use Famigo’s optional child lock if desired. The agreement means tablet users can choose from more than 100 Famigo TV channels and other content

Famigo, which was founded during University of Texas’ Three-day Start Up event in 2009, employs 20 workers. It was also one of five ventures selected in 2009 for the inaugural class of downtown business incubator Capital Factory, which has since grown into a co-working space as well

In 2010, Famigo came out of stealth mode and launched a family game application. The company has since evolved into a developer of a tech toolkit for families using mobile applications, and operates a family game and software review and recommendation website

It sells $4.99 monthly subscriptions and $20 subscriptions for unlimited access to its content

Beck considers Famigo’s main competition to be Zoodles, by state of Washington-based Inquisitive Minds Inc., and New York-based Kidoz Computer Inc

Famigo has received $2.5 million in investment capital since launching, he said

In 2012, the startup completed a $1 million round of seed financing. Investors included locally based Silverton Partners, Zilker Ventures, Liahona Ventures and the Capital Factory

Beck, who plans to reach profitability this year, said he’s been surprised at how quickly mobile technology has caught on with users

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