Tech Company Financing Transactions
Mavenir Systems Funding Round
Mavenir Systems closed a $100 million funding round on 5/2/2023. Investors included Siris Capital.
Transaction Overview
Company Name
Announced On
5/2/2023
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Siris Capital (Lead Investor)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
1700 International Pkwy. 200
Richardson, TX 75081
USA
Richardson, TX 75081
USA
Phone
Website
Email Address
Overview
Mavenir's solutions, located between the access and the core, provide an efficient, cost-effective method to introduce tomorrow's multimedia services across a multitude of access technologies, in an incremental fashion, with device and context aware intelligence.
Management Team
Title
Name
Email & Social
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