About Mavenir
Mavenir is a company based in Richardson (United States) founded in 2005 was acquired by Mitel in March 2015.. 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. Mavenir offers products and services including MAVcore®, MAVair®, MAVedge®, MAVscale®, and MAVapps®. Mavenir operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Richardson, United States
- Stage Public
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Sectors
TechnologyTelecommunications
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105.36 M (USD)
in 11 rounds
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Latest Funding Round
$75 M (USD), Post-IPO
May 30, 2024
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Investors
Mitel
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
Airwide Solutions
& 8 more
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Acquired by
Mitel
(Mar 02, 2015)
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Products & Services of Mavenir
Mavenir offers a comprehensive portfolio of products and services, including MAVcore®, MAVair®, MAVedge®, MAVscale®, and MAVapps®. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides cloud-native IMS messaging and converged packet core solutions
Offers Open vRAN and small cell solutions for network access
Delivers CBRS/OnGo solutions for private network setups
Supports network intelligence and analytics services
Enables BSS and fraud security platforms for telecom operations
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Software Development Team
79 people
Leadership Team
62 people
Sales and Marketing
49 people
Operations Team
22 people
Senior Team
14 people
Product Management Team
12 people
Finance and Accounting
5 people
Legal and Compliance
3 people
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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 Total Funding
- Total Rounds 11
- Last Round Post-IPO — $75.0M
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First Round
First Round
(05 Jul 2006)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Post-IPO - Mavenir | Valuation |
investors |
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| May, 2023 | Amount | Post-IPO - Mavenir | Valuation |
investors |
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| Oct, 2022 | Amount | Post-IPO - Mavenir | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are focused on technology and telecom firms.
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Founded Year | Domain | Location | |
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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Founded Year | Domain | Location | |
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US focused seed to growth stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile Data For Engagement
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2012 | ||||
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Open source platforms for real-time communication applications are provided.
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2011 | ||||
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Revenue threats are analyzed for mobile providers via machine learning.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mavenir
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mavenir Comparisons
Competitors of Mavenir
Mavenir operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mavenir
Frequently Asked Questions about Mavenir
When was Mavenir founded?
Mavenir was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Where is Mavenir located?
Mavenir is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.
Is Mavenir a funded company?
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 Post-IPO of $155M, raised on Jul 05, 2006.
What does Mavenir do?
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.
Who are the top competitors of Mavenir?
Mavenir's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Mavenir offer?
Mavenir offers MAVcore®, MAVair®, MAVedge®, MAVscale®, and MAVapps®.
How many acquisitions has Mavenir made?
Mavenir has made 9 acquisitions, including Airwide Solutions, Aquto, and Argyle Data.
Who are Mavenir's investors?
Mavenir has 10 investors. Key investors include Mitel, Koch Industries, Cisco Investments, Siris Capital, and Greenspring Associates.
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