Phunware Named as a Red Herring Top 100 Company for Third Consecutive Year
Austin Multiscreen as a Service platform company receives global recognition highlighting growth after recent funding
AUSTIN, TX [December 5, 2016] – Phunware, whose Multiscreen as a Service (MaaS) platform helps brands engage, manage and monetize their mobile users anytime, anywhere, today announced it has been selected as a Red Herring Top 100 Global winner, marking the company’s third time as a Red Herring Top 100 honoree.
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising companies and entrepreneurs, recognizing leading companies from North America, Europe and Asia. It honors each company’s innovations and technologies within their respective industries. This is the third consecutive year Phunware has been recognized by Red Herring, debuting on the Top 100 Global list in 2014, landing on the Top 100 North America list in 2015 and again earning recognition on the Top 100 Global list this year.
“We are honored to be recognized once again by Red Herring,” said Alan S. Knitowski, CEO and Co-Founder of Phunware. “Our rapid growth highlights brands’ increasing demand to better reach, engage and retain their users at key moments throughout the mobile journey. We’re proud to serve as one of the leading partners for companies looking to drive innovation and deliver better user experiences and improved results across every device.”
Honorees were selected based on both qualitative and quantitative criteria, such as financial performance, technology innovation and market penetration. Red Herring’s editorial staff also reviewed each company’s track records and standing against peer companies to assess company potential.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Phunware embodies the vision, drive and innovation that define a successful entrepreneurial venture. Phunware should be proud of its accomplishment.”
The award follows a huge year of growth for Phunware. Most recently, the company launched Phunware Data, a monthly data subscription service that gives brands access to 40 billion actionable mobile insights every month, and announced $22 million in Series F funding. Today, the company serves over 3600 brands and touch over 700 million devices each month. The Red Herring honor is the latest in a recent series of accolades, including Phunware’s inclusion as #165 on Deloitte’s Technology Fast 500, and being named one of America’s Fastest-Growing Private Companies on the Inc. 5000 list for the third consecutive year. Phunware continues to earn national recognition and is a two-time Forbes’ Most Promising Companies in America honoree and a five-time Austin Business Journal Fast 50 recipient.
Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data, that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. Phunware creates category-defining mobile experiences for the world’s most respected brands, with nearly 700 million devices touching its platform each month. For more information about how Phunware is transforming the way consumers interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow us on Twitter @phunware.