The mobile app development platform plans to integrate its Multiscreen-as-a-Service and knowledge graph offerings on the data.world information cataloging platform.
The stock surged more than 16% to $9.45 before the bell.
Through the partnership, businesses that use Phunware’s platform will be able to dive deeper into their data using data.world’s data science and visualization technology.
“We are thrilled to strategically partner with data.world,” CEO and Co-Founder Alan Knitowski said. “Not only will this new relationship enable our customers to better take advantage of the rich, real-time mobile data provided by our MaaS platform globally, but it will also provide them with powerful new collaboration, visualization and analysis tools for more accurate and timely operational planning and decision-making as well.”
Phunware, an Austin, Texas-based company, helps businesses engage with and monetize customers through mobile applications and data solutions.
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