Next BigFuture has been on a tear lately.
The company is now valued at $7.5 billion, according to its latest valuation.
Its revenue hit $2.5 trillion in 2019, up from $2 billion in 2018.
Its stock has risen about 5% so far in 2019.
In the meantime, it has raised a $3 billion round in Series A funding, according a press release from the company.
It is still seeking to raise a $5 billion round.
Its chief technology officer and co-founder has also been named CEO.
The stock is up almost 60% since it closed last year.
The team is focused on the mobile phone market, said co-CEO and cofounder Jeff Bewkes in a statement.
Bewks said Next Big future is also a leader in the space of data and machine learning.
“The company’s data analytics, machine learning, machine vision, and data analytics teams are uniquely positioned to leverage this new wave of disruptive technology,” he said.
“This technology is transforming the way we do business, driving massive data volumes and cutting costs across the entire supply chain.
It’s enabling us to create an unparalleled platform for connecting companies around the world.”
For the past two years, the company has been focused on building its own AI, robotics and machine intelligence software to improve the business and provide the business with efficiencies.
BEWKS said the company’s next big move will be to develop new ways of working with companies to automate the supply chain and streamline its operations.