Wednesday, September 19, 2012

Maveron Gets Exit At Zui

Seattle-based venture capital firm Maveron has seen an exit in its portfolio, via the acquisition of Zui, the operator of a kid-friendly Internet portal. Zui was acquired by Saban Brands, which owns a number of children's entertainment brands, including the Power Rangers. Financial terms of the acquisition were not disclosed. Zui, based in San Diego, California, was formerly known as KidZui, and had originally been working on kid-friendly Internet browser technology.