Globetouch aims to bring in $40m in the round and has already received investments from Verizon and Spark New Zealand.
US-based connectivity service provider Globetouch secured “a large part” of a series C round featuring telecommunications firms Verizon and Spark New Zealand on Wednesday that is expected to reach $40m.
The round also includes Hermes Growth Partners, Impact Venture Capital, Wholesale and Zeev Ventures, while Verizon and Spark contributed through respective corporate venturing units Verizon Ventures and Spark Telecom Ventures.
Founded in 2014, Globetouch has created a global ecosystem of mobile networks that enable it to offer internet of things…
