Phunware Inc (NASDAQ:PHUN) CEO Alan Knitowski tells Proactive the Austin, Texas-based tech company is aiming to be the next tech unicorn by being operationally self-sufficient. The company recently reported that it boosted its 3Q revenue to .2 million.

Knitowski says the increase was largely driven by platform subscriptions and services revenue, which increased 19% year-over-year. The firm aims to be cash neutral by the end of 2019.

More info on Phunware aiming to be the next tech unicorn by being operationally self-sufficient