MVNO Service Company Ztar Mobile Gets $4 Million Funding

MVNO reseller (MVNE) Ztar Mobile has received $4 million in ts first round funding, in a tough environment for the sector overall. Novak Biddle Venture Partners led the round. The Dallas, Texas-based company did a deal early last year with Bratz, a popular U.S. brand of fashion dolls and accessories owned by MGA Entertainment, to launch a Bratz-branded mobile service, which retails at Wal-Mart.

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