Twice the fun for Phunware as second Series F funding round ends with $22m

Andy Boxall | November 4, 2016

App Deals

phunware

Mobile app engagement, monetisation, and management platform Phunware has completed the second phase of its Series F funding round, adding an additional $22m to the existing amount, bringing the overall total to $40m raised. Charting back through all Phunware’s fund raising sees the company with a grand total of $90m funding since 2009.

Phunware completes its Series F funding round

phunware screen

The Government of Malaysia’s strategic investment arm Khazanah Nasional Berhad led the round, with Wavemaker Partners and PLDT Capital also getting involved. A variety of existing investors, including Maxima Ventures, and Fraser McCombs Capital also participated.

Alan Knitowski, CEO and co-founder of Phunware, said:

knitowski

“We are the only mobile, native and fully-integrated-first multiscreen cloud platform in the world and our MaaS platform products and solutions currently power more than 40 billion mobile user events every month and more than 1 trillion transactions annually. This funding will help turn every one of our global application touch points into an opportunity to reach, engage with and convert users on a 1:1 basis, and will further our vision of having every device in the Internet of Things touch the Phunware platform by 2020.”

Learn more about Phunware, and Phunware Data, its most recent feature launched, by visiting the company’s website here.