Mavenir Raises $100M in Funding

Mavenir

Mavenir, a Richardson, TX-based network software provider for networks with cloud-native solutions, raised $100M in funding.

The round was led by Siris, with participation from two strategic ecosystem partners.

The company intends to use the funds for its innovation-focused strategy, enabling the digitization of telco networks with cloud-native applications that include IMS, Converged Packet Core and Open RAN.

Led by Pardeep Kohli, President and CEO, Mavenir Mavenir is pioneering advanced technology, focusing on the vision of a single, software-based automated network that runs on any cloud. The company is focused on accelerating software network transformation for 250+ Communications Service Providers in over 120 countries.

FinSMEs

03/05/2023