Phunware Inc. Company profile
Phunware, Inc (PHUN) is an integrated enterprise cloud platform for mobile that pioneers in Multiscreen-as-a-Service (MaaS). Incorporated in 2009 and headquartered in Austin, Texas, US, the company provides applications, media and data to help Fortune 5000 companies reunify their strategy and make smarter decisions.
With the rapid adoption of mobile, Phunware’s founders considered the risk of their software platform use within the application portfolios of the world’s largest companies and brands.
To simplify and secure operations, they created a massive database of proprietary Phunware Ids for every device that is connected to the network internationally, both indoors or outdoors.
Phunware’s cloud-based mobile software includes software development kits (SDKs) that facilitate clients in analytics, application use and engagement, content management, allowing application admins the scope to create and manage app content; give alerts about notifications and messaging; marketing automation and navigation through mapping, wayfinding; asset management; workflow and policy enforcement.
The company brings cloud computing to sports, healthcare, retail, aviation, hospitality, education and other sectors. The cloud platform also offers application transactions as well as recurring and one-time transactional media purchases for application discovery, audience engagement and monetisation.
Phunware engages in the cryptocurrency sector; its blockchain-enabled data exchange and mobile loyalty ecosystem is powered by digital assets PhunCoin and Phun. It eliminates intermediaries and connects brands directly with customer audiences.
Hut 8 Mining (HUT), HIVE Blockchain Technologies (HIVE) and Sohu.com Limited (SOHU) are among its top competitors. Phunware went public in December 2018 after merging with a special purpose acquisition company (SPAC) Stellar Acquisition III and is now listed on Nasdaq, trading under the ticker ’PHUN’.
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