Tech Company Financing Transactions

Mavenir Systems Funding Round

Mavenir Systems closed a $40 million Series E investment round on 5/30/2011. Investors included August Capital, Alloy Ventures and Austin Ventures.

Transaction Overview

Company Name
Mavenir Systems
Announced On
5/30/2011
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series E
Investors

August Capital (Lead Investor) (Vivek Mehra)

Alloy Ventures (Ammar Hanafi)

Austin Ventures (KP Wilska)

Cross Creek Capital

Greenspring Global Partners

North Bridge Venture Partners (Jeffrey MCCARTHY)

Proceeds Purpose
This funding will fuel Mavenir's continued expansion into fast-growing 4G/LTE markets and ensure we maintain the highest level of support services for our increasing customer base which now exceeds 120 mobile operators worldwide.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
1700 International Pkwy. 200
Richardson, TX 75081
USA
Phone
(469) 916-4393
Website
www.mavenir.com
Email Address
[email protected]
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.
Profile
Mavenir Systems LinkedIn Company Profile
Social Media
Mavenir Systems Company Twitter Account
Company News
Mavenir Systems News
Facebook
Mavenir Systems on Facebook
YouTube
Mavenir Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Pardeep Kohli
  Pardeep Kohli LinkedIn Profile  Pardeep Kohli Twitter Account  Pardeep Kohli News  Pardeep Kohli on Facebook
Chief Marketing Officer
Stefano Cantarelli
  Stefano Cantarelli LinkedIn Profile  Stefano Cantarelli Twitter Account  Stefano Cantarelli News  Stefano Cantarelli on Facebook
President
BG Kumar
  BG Kumar LinkedIn Profile  BG Kumar Twitter Account  BG Kumar News  BG Kumar on Facebook
VP - Bus. Development
Bejoy Pankajakshan
  Bejoy Pankajakshan LinkedIn Profile  Bejoy Pankajakshan Twitter Account  Bejoy Pankajakshan News  Bejoy Pankajakshan on Facebook
VP - Product Management
Ashok Khuntia
  Ashok Khuntia LinkedIn Profile  Ashok Khuntia Twitter Account  Ashok Khuntia News  Ashok Khuntia on Facebook
VP - Sales
BJ Jalalizadeh
  BJ Jalalizadeh LinkedIn Profile  BJ Jalalizadeh Twitter Account  BJ Jalalizadeh News  BJ Jalalizadeh on Facebook

 

 

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