Thursday, November 13, 2014
Fuhu Tops Deloitte Fast 500 List
El Segundo-based Fuhu, the manufacturer of the popular children's Nabi tablet PC, ranked number 2 nationally in the annual Deloitte Fast 500 list, one of fifty four companies--or over 10 percent--from Southern California. The list ranks companies by five year revenue growth. According to the list, Fuhu had a growth rate of 67627% over five years. Other highly ranked local on the list included Phunware--with major operations in Newport Beach and San Diego--ranked at #4, with a 17716% five year revenue growth rate; Amped Wireless in Chino (11572% growth rate), ranked at number 12; SolarReserve in Santa Monica (8010%), at number 20; AudioMicro in Sherman Oaks, ranked at #28, with 5990% growth; TeleSign, in Marina Del Rey, with 4180% growth, and ranked at number 38; GenMark Diagnostics, in Carlsbad, with 2643% growth, and ranked at number 51. Deloitte's list is an interesting, due to its use of financial results to paint a true picture of growth at companies. Disclaimer: socalTECH was a sponsor of Deloitte's Fast 500 program in Los Angeles.