Four Winds Interactive (FWi), a leading digital signage software provider, has been listed at No. 41 on Forbes annual ranking of America's Most Promising Companies — a list of 100 privately held high-growth companies with bright futures. This marks FWi's second consecutive appearance on the annual list.
David Levin, president and CEO of FWi, also garnered recognition as one of America's Most Promising CEOs Under 35.
"It's a tremendous honor to be recognized by Forbes Magazine for two years in a row as one of America's Most Promising Companies," Levin said. "Making the list is a great validation of the hard work, dedication and energy our entire team brings to FWi."
For FWi, the recognition from Forbes comes on the heels of receiving an Inc. Magazine Hire Power Award — which recognizes business for adding jobs and rebuilding the economy — and being listed for a second consecutive year on the Inc. 5000 ranking of the nation's fastest-growing private companies with 300 percent three-year sales growth.
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. Its 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.
To view the complete the list, please visit http://www.forbes.com/most-promising-companies/list.
FWi has created some of the most powerful digital signage software on the market today. In addition to powering digital signage networks, users can drive their interactive kiosks, desktops, Web and mobile content from a single, flexible and powerful software platform. FWi's customers use its software to communicate more effectively, solve wayfinding challenges, enhance safety, increase sales and create a better experience for their audiences.