|By Marketwired .||
|February 6, 2013 11:35 AM EST||
SAN FRANCISCO, CA -- (Marketwire) -- 02/06/13 -- Phizzle, a leading technology provider of advanced mobile marketing products and digital advertising solutions, has been named one of America's Most Promising Companies by Forbes Magazine.
Forbes' list of America's Most Promising Companies features 100 privately-held companies whose compelling business models, strong management teams, notable customers, strategic partners and precious investment capital have separated them as fast growing companies with impressive growth prospects. Phizzle is listed as #55 on Forbes annual ranking of America's Most Promising Companies. To view the complete list, please visit http://www.forbes.com/most-promising-companies.
"It is an honor to be included in the prestigious Forbes' list of America's Most Promising Companies," said Ben Davis, Phizzle's CEO. "Phizzle delivers award-winning digital campaigns to internationally recognized sports, entertainment, broadcast and consumer brands. This recognition, from an organization of Forbes' stature, is extremely gratifying and serves as validation of Phizzle's steadfast commitment to deliver innovative technology and outstanding service to our customers.
One metric never says it all. For the Most Promising list, FORBES strove for a holistic gauge of young, privately-held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months FORBES reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. FORBES turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company's health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that FORBES uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, FORBES produces a final ranking.
Phizzle, Inc. is a leading technology provider of advanced mobile marketing products and digital advertising solutions. Phizzle redefines how brands effectively use digital and mobile marketing tools to deliver revenue and results. Serving as a mobile channel for brands to navigate through the digital landscape, Phizzle enables clients and partners to deploy targeted mobile campaigns delivering real-time results and creates new inventory to drive sponsorship revenue
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