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
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:
“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.”