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Phunware taps Gateway Investor Relations to lead expanded investor relations program

The company, which is seeing growth in its proprietary Multiscreen-as-a-Service cloud platform, wants to reach a wider institutional investor audience

Phunware Inc - Phunware taps Gateway Investor Relations to lead expanded investor relations program
Texas-based Phunware will work closely with Gateway's management to develop and deploy a comprehensive capital markets program

Phunware Inc (NASDAQ:PHUN), a fully-integrated enterprise cloud platform for mobile, has engaged Gateway Investor Relations to manage its expanded investor relations program initiatives, including corporate messaging and other consulting services to the company.

Founded in 1999, Gateway is a strategic financial communications firm specializing in advising public companies across a broad range of industry classifications. Among other services, the firm provides high-level capital markets consulting, corporate communications and investor outreach.

“With the growth and demand that we’re experiencing for our proprietary Multiscreen-as-a-Service (MaaS) cloud platform, we believe that the timing is right to engage an experienced investor relations firm to expand our outreach and communicate our enterprise software story to a wider institutional audience,” said Phunware CEO Alan Knitowski in a statement Monday.

READ: Phunware wins multiyear contract for its Smart Workplace mobile app portfolio with Norfolk Southern

“Gateway has a proven track record in helping leading software companies like ours to elevate their profiles within the institutional investment community and we look forward to working closely with their team to broaden the reach of our message and increase the awareness of Phunware’s compelling investment thesis.”

Phunware, based in Austin, Texas, said Gateway will work closely with its management to develop and deploy a comprehensive capital markets program. 

Activities will include, but are not limited to, refining overall company and investment-oriented messaging and corporate positioning, providing strategic advisory services and arranging introductions to institutional investors, analysts and other key influencers in the broader financial community.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Quick facts: Phunware Inc

Price: 0.6684 USD

NASDAQ:PHUN
Market: NASDAQ
Market Cap: $32.85 m
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