Denver – February 8, 2013 – Four Winds Interactive (FWI), a leading digital signage software provider, has been listed at #41 on Forbes annual ranking of America’s Most Promising Companies—a list of one hundred 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,” said Levin. “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% 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. 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.
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