In Blog Articles, Press Release Articles

Austin, TX (PRWEB) [January 27, 2014] – Phunware, the pioneer of Multiscreen as a Service (MaaS), the only fully integrated services platform that enables brands to engage, manage and monetize their anytime anywhere users worldwide, was recently recognized as one of Forbes Magazine’s Most Promising Companies.  

Founded in 2009, and headquartered in Austin, Texas, Phunware has introduced category-defining experiences that challenge the outer limits of the most advanced connected devices for the world’s most respected brands and develops next-generation technologies and solutions that transform how the world interacts with and uses these connected devices.

Phunware, The Software of Things™, ranked 36th overall on the list and concluded 2013 with full year revenues of $22.1M.

With this recognition, Phunware joins Fuhu, Craftsy and Thrillist. Forbes’ J.J. Colao described the process of determining America’s Most Promising Companies, “Over the course of four months, we reviewed hundreds of applications from businesses across the country. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. Then we spoke to each company to make sure we didn’t miss anything.”

“We had a very ambitious vision for Phunware from inception – to enable our customers to engage, manage and monetize every connected device on Earth,” commented Alan S. Knitowski, Chairman, CEO and Co-Founder of Phunware. “Obviously we are incredibly humbled and honored to have been recognized by Forbes for this award and look forward to potentially becoming one of the ‘unicorns’ highlighted by Mr. Colao in the near future.”

We’re confident that many of these [companies] are the IPOs and billion-dollar acquisitions of tomorrow.” –J.J. Colao, Forbes


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