Mavenir Systems Raises $13.6M in Fourth Funding Round

Mavenir Systems, a Richardson, Texas-based provider of voice and messaging convergence solutions that enable mobile operators to offer new services by transforming their core network to power IP based mobile cloud services, has raised $13.6m in its fourth round of funding.

Investors include North Bridge Venture Partners, Austin Ventures, Alloy Ventures, Greenspring Associates and Cisco.
This round, which brings the total amount the company has raised since 2005 to $65m, will be used to further scale operations to reach more mobile operators globally.
Mavenir currently operates facilities in India, China and Europe.

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