Wednesday, April 7, 2021

MarketSpark Gets $7M

San Diego-based MarketSpark, which is providing managed wireless services to help companies replace their plain old telephone service (POTS) infrastructure, says it has raised $7M in a Series B funding round. The funding was led by IDT Corporation and also included Goldie Group and Klein Enterprises. As part of the funding, Shmuel Jonas, CEO of IDT Corporation, and Daniel Klein, CEO of Klein Enterprises both join the company's board. MarketSpark says it is providing wireless 4G and 5G-enabled LTE solutions for the enterprise. More information »