Participated · Series B · Apr 2021

MarketSpark provides managed wireless POTS (Plain Old Telephone Service) replacement through a cloud-enabled platform and managed services. Its offering includes a Cloud PaaS, Hardware-as-a-Service, proactive alerts, remote diagnostics and 4G-optimized/5G-ready routing equipment with UL and FCC approved hardware. The solution simplifies connectivity for large enterprises by consolidating multiple carriers into a single vendor responsible for planning, installation and ongoing operation and maintenance. MarketSpark partners with major carriers and already services 35 Fortune 500 companies as they upgrade telecom equipment. Led by CEO Jeff Gower and CTO/co-founder Jake Jacoby, the company recently completed a $7M Series B. It intends to use the funds to accelerate growth and scale its sales, marketing and platform development efforts.