Mavenir

Richardson, United States Founded: 2005 • Age: 21 yrs Listed Acquired By Mitel
Multi-access edge networking computing platform is provided for mobile services.

About Mavenir

Mavenir is a Technology company based in Richardson (United States) founded in 2005, and was acquired by Mitel in March 2015. Multi-access edge networking computing platform is provided for mobile services. It operates in the Technology and Telecommunications sectors. Mavenir has raised $105.36 million across 11 funding rounds from investors including Mitel, Koch Industries and Cisco Investments. Mavenir has completed 9 acquisitions, including Airwide Solutions, Aquto and Argyle Data. Its website mavenir.com draws about 49 thousand monthly visits. Mavenir offers products and services including MAVcore®, MAVair®, MAVedge®, MAVscale®, and MAVapps®. Its focus areas include Telecom, Telecom Infrastructure Tech, Suite and High Tech. Its competitors include 1&1 IONOS, Genpact and Epam; 1 of its 3 listed competitors has raised funding.

Company details

Founded in 2005 and based in Richardson, United States, Mavenir operates in the telecommunications sector. A multi-access edge networking computing platform is offered, along with network management and orchestration solutions. These enable mobile service providers to deliver IP-based voice, video, rich communications, and messaging services to subscribers worldwide. Network slicing is supported across applications and core networks, while voice services are facilitated over LTE and wireless technologies.

  • Headquarters Richardson, United States
  • Stage Acquired
  • Sectors
    Technology
    Telecommunications
  • Website category Computers Electronics and Technology · Telecommunications
  • Email
    ••••••••
  • Website mavenir.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Mitel (Mar 2015)
Key Metrics
  • Total Equity Funding
    $105.36M (USD)

    in 11 rounds

  • Latest Funding Round
    $75M (USD), Post-IPO

    May 2024

  • Investors
    Mitel

    & 9 more

  • Investments & Acquisitions
  • Acquired by
    Mitel

    (Mar 2015)

Products & Services of Mavenir

Mavenir offers a comprehensive portfolio of products and services, including MAVcore®, MAVair®, MAVedge®, MAVscale®, and MAVapps®.

MAVcore®
Cloud-Native IMS

Provides cloud-native IMS messaging and converged packet core solutions

MAVair®
Radio Access

Offers Open vRAN and small cell solutions for network access

MAVedge®
Private Networks

Delivers CBRS/OnGo solutions for private network setups

MAVscale®
AI & Analytics

Supports network intelligence and analytics services

MAVapps®
Digital Enablement

Enables BSS and fraud security platforms for telecom operations

Apps and channels of Mavenir

its YouTube channel Mavenir has 2.02K subscribers and 30 videos.

Mavenir
YouTube 2.02K subscribers 30 videos Science & Technology
Open channel

Videos from Mavenir

The most watched videos on Mavenir's YouTube channel, Mavenir (2.02K subscribers). Click a video to play it here.

Monetize investment in 5G with Mavenir Digital Enablement Platform
207 views
Mavenir Powering MVNOs Digital Transformation
188 views
Mavenir Digital Enablement (BSS) Overview
178 views
Get Ready for Launch: How Satellite can Solve the Economics of 5G
165 views

More on Mavenir.

Funding Insights of Mavenir

Mavenir has successfully raised a total of $105.36M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $75 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $105.36M
  • Total Rounds 11
  • Last Round Post-IPO — $75M
  • First Round $13.1M

    (Jul 2006)

  • Investors Count 9

Latest 10 of 11 funding rounds of Mavenir with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$75MPost-IPO––
–
May 2023$100MPost-IPO––
Oct 2022$155MPost-IPO––
Apr 2021$500MPost-IPO––
Jun 2013Series E––
–
Oct 2012$657,000Series E––
–
May 2011$40MSeries E–August Capital, North Bridge Venture Partners
–
Jun 2010$13.6MSeries D–North Bridge Venture Partners, Austin Ventures
–
Dec 2008$17.5MSeries C–North Bridge Venture Partners, Alloy Ventures
–
Apr 2007$20.5MSeries B–Alloy Ventures
Valuation history

10 investors in total: 10 institutional.

Investors in Mavenir

Mavenir has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitel, Koch Industries and Cisco Investments.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are focused on technology and telecom firms.
2011siris.comNew York, United States
Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
augustcap.com
US focused seed to growth stage VC firm
northbridge.comNeedham, United States
Venture capital investments in Texas-based companies.
austinventures.com
Early stage venture capital firm investing in the US
alloyventures.comPalo Alto, United States
Diversified investment management firm
2000greenspringassociates.comOwings Mills, United States
Sector-agnostic investments in late-stage startups are made by Cross Creek.
crosscreek.vcSalt Lake City, United States
Technology investments and expertise in networking, cloud, and security services.
2003ciscoinvestments.comSan Jose, United States
Diversified operations in oil, gas, manufacturing, and investments are conducted.
1940kochind.comWichita, United States
Unified communication platforms are managed via cloud-based systems.
1973mitel.comOttawa, Canada
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Investor details for Mavenir

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Board of directors of Mavenir

The boards of the 3 registered companies of Mavenir currently have 8 directors; the longest-serving is Shashank Arya, appointed in 2013. 48 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shashank Arya
DIN 06743738
Whole-time director21 Nov 201312 yrs 11 moMavenir India Information Technology Private Limited, Mavenir India Private Limited
Balagopal Gopa Kumar
DIN 07566027
Director19 Jul 201610 yrs 3 moMavenir Systems Private Limited
Terrence Gerard Hungle
DIN 01810733
Director23 Sep 20197 yrs 1 moMavenir Systems Private Limited
Santhosh Kumar
DIN 07417068
Director23 Sep 20197 yrs 1 moMavenir Systems Private Limited
Michael Knobloch
DIN 07435894
Director25 Aug 20206 yrs 2 moMavenir India Information Technology Private Limited, Mavenir India Private Limited
Alon Nahum Meiri
DIN 03626292
Director25 Aug 20206 yrs 2 moMavenir India Information Technology Private Limited, Mavenir India Private Limited
Anup Suhas Mahajan
DIN 05266759
Director25 Aug 20206 yrs 2 moMavenir Systems Private Limited
Karthiksundar Babu
DIN 11501507
Additional Director23 Jan 20269 moMavenir India Information Technology Private Limited

People of Mavenir

280 people are tracked at Mavenir (151 in leadership, 4 in board & advisors, 125 in team).

NameRoleGroup
BG Kumar
President Core ProductsLeadership
Ilia Abramov
VP, GM, Security Business UnitLeadership
Patrik Jakobson
VP - Business Development And Sales, EMEALeadership
EVP & General Manager, Platform & CloudLeadership
Tom Carter
Director Of Sales And Business DevelopmentLeadership
Sachin Karkala
EVP and General Manager, IMS & RANLeadership
Sandra Fuduli
DirectorLeadership
Marijn Kuijpers
Associate Director, Product Marketing At MavenirLeadership
Ulrich Dopfer
EVP, Chief Financial OfficerLeadership
Charles Gilbert
EVP And Chief Legal OfficerLeadership
Pardeep Kohli
President & CEOLeadership
Anil Kumar P
DirectorLeadership
Sijin N K
VP Operations, NALeadership
Dejan Leskaroski
Executive Vice President & Chief Revenue Officer (cro)Leadership
Gopichand Kongara
Director, Sales Engineering & ArchitectureLeadership
Syed Kashif
Vice President/gm Sales - At&t AccountLeadership
Labheswar Pradeep Yamani
Associate Director - AI MLLeadership
Chuck Gilbert
EVP, Chief Legal OfficerLeadership
Terry Hungle
Chief Financial OfficerLeadership
Carlos Moreta
Director - RAN Product ManagementLeadership

260 more people are available in the full profile.

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Financials of Mavenir

Figures of Mavenir India Information Technology Private Limited, the primary company behind Mavenir, for FY 2019. Revenue was ₹20.85 Cr (+35% year on year). Net profit was ₹3.14 Cr (15% margin). EBITDA was ₹69.5 Lakh (3% margin). Revenue has grown at a compounded annual rate of +4% over three years and -1% over five years.

  • ₹20.85 CrRevenue · FY 2019 · +35% YoY
  • ₹3.14 CrNet profit · 15% margin
  • ₹69.5 LakhEBITDA · 3% margin
  • ₹4.80 CrPaid-up capital
  • +4%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mavenir India Information Technology Private Limited are on its company page.

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Detailed financial statements for Mavenir

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Investments & Acquisitions by Mavenir

Mavenir has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Airwide Solutions, Aquto and Argyle Data.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Open source platforms for real-time communication applications are provided.
telestax.comAustin, United States2011Aug 2021••••
2G, 3G, and LTE small cells and gateways are developed.
ipaccess.comCambridge, United Kingdom1999Sep 2020••••
Revenue threats are analyzed for mobile providers via machine learning.
argyledata.comSan Mateo, United States2007Feb 2018••••
Mobile Data For Engagement
aquto.comBoston, United States2012Jan 2018••••
Signaling products and software are supplied to network operators.
ulticom.comMount Laurel Township, United States1974Jan 2015••••
LTE security gateway solutions are provided for broadband networks.
stoke.comSanta Clara, United States2004Nov 2014••••
Provider of comprehensive aviation software and consulting services
airwidesolutions.comBurlington, United States2004May 2011••••
Home inspection services are provided in Ridgeland, United States.
garynsmith.netRidgeland, United States1974May 2011••••
VoIP and fixed-mobile convergence solutions are provided to telecom operators.
netcentrex.netSan Jose, United States1998Apr 2006$180M
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Timeline of Mavenir

14 dated milestones of Mavenir across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mavenir is founded.
  2. Acquisition Acquires Netcentrex.
  3. Funding First funding round of $13.1M.
  4. Acquisition Acquires Airwide Solutions.
  5. Acquisition Acquires Gary N Smith SafeHome Inspections.
  6. IPO Lists on the stock exchange (IPO).
  7. Acquisition Acquires Stoke.
  8. Acquisition Acquires Ulticom.
  9. Exit Acquired by Mitel.
  10. Acquisition Acquires Aquto.
  11. Acquisition Acquires Argyle Data.
  12. Acquisition Acquires ip.access.
  13. Acquisition Acquires TeleStax.
  14. Funding Latest funding round, Post-IPO, of $75.0M.

Competitors of Mavenir

Mavenir has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Genpact and Epam.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ionos.com1988Chesterbrook, United States134
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
genpact.com1997New York, United States129,140
Provider of end-to-end business process outsourcing services
epam.com1993Newtown Square, United States$50M
Provider of software development, data analytics, and other IT suite services
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Detailed competitors of Mavenir

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Web traffic of Mavenir

The website of Mavenir (mavenir.com) receives about 48.6K visits a month and ranks #513,848 among all websites worldwide, #2,901 in Telecommunications.

  • Monthly visits
    48.6K

    ▲ 2.6% vs previous month

  • Unique visitors
    11K

    per month

  • Global rank
    #513,848

    among all websites

  • Category rank
    #2,901

    Computers Electronics and Technology · Telecommunications

Similar websites

Websites whose visitors overlap most with Mavenir. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
wirelessweek.com
100%
View details
fring.com
99%
2.1K#9,583,629View details
brighttalk.com
99%
392.5K#146,735View details
o3bnetworks.com
99%
View details
the-mobile-network.com
85%
9.4K#1,880,020View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Mavenir

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Top companies in Big Data & Cloud Infrastructure

3 companies that operate in the same segment as Mavenir (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Data, analytics, and AI capabilities are unified in a platform.
2013San Francisco, California, United StatesUSD 20.67 BUSD 15.9 M5,679
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 311.32 MUSD 2.46 B8,070
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Related news about Mavenir

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Frequently Asked Questions about Mavenir

Mavenir was founded in 2005 and raised its 1st funding round 1 year after it was founded.

Mavenir is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.

Mavenir is a funded company, having raised a total of $105.36M across 11 funding rounds to date. The company's 1st funding round was a Series B of $20.5M, raised on Jul 2006.

Founded in 2005 and based in Richardson, United States, Mavenir operates in the telecommunications sector. A multi-access edge networking computing platform is offered, along with network management and orchestration solutions. These enable mobile service providers to deliver IP-based voice, video, rich communications, and messaging services to subscribers worldwide. Network slicing is supported across applications and core networks, while voice services are facilitated over LTE and wireless technologies.

Mavenir's top competitors include 1&1 IONOS, Genpact and Epam.

Mavenir offers MAVcore®, MAVair®, MAVedge®, MAVscale®, and MAVapps®.

Mavenir has made 9 acquisitions, including Airwide Solutions, Aquto, and Argyle Data.

Mavenir has 10 investors. Key investors include Mitel, Koch Industries, Cisco Investments, Siris Capital, and Greenspring Associates.

Mavenir is associated with 3 legal entities: Mavenir India Information Technology Private Limited, Mavenir India Private Limited, Mavenir Systems Private Limited.

Yes. Mavenir was acquired by Mitel in March 2015.

The legal entities of Mavenir currently have 8 directors, including Shashank Arya, Michael Knobloch, Alon Nahum Meiri and others.

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