Mavenir

Richardson, United States Founded: 2005 • Age: 21 yrs Acquired By Mitel
Multi-access edge networking computing platform is provided for mobile services.
Annual revenue - Latest available
Total funding $105.4M 11 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
    Telecommunications
  • Email
    Locked
  • Phone
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  • Website
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  • Social
    Locked
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $105.36 M (USD)

    in 11 rounds

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

    May 30, 2024

  • Investors
    Mitel

    & 9 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • 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®.

Product name locked
Category locked
Primary

Provides cloud-native IMS messaging and converged packet core solutions

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Offers Open vRAN and small cell solutions for network access

Product name locked
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Delivers CBRS/OnGo solutions for private network setups

Product name locked
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Supports network intelligence and analytics services

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Enables BSS and fraud security platforms for telecom operations

People of Mavenir

Headcount 5000-10000
Employee Profiles 277
Board Members and Advisors 4
Employee Profiles
People
BG Kumar
President Core Products
People
Ilia Abramov
VP, GM, Security Business Unit
People
Sandeep Singh
SVP, GM, Digital Business Enablement
People
Patrik Jakobson
VP - Business Development And Sales, EMEA

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are focused on technology and telecom firms.
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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US focused seed to growth stage VC firm
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Investor details for Mavenir

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  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

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.

Investments
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Investment portfolio details for Mavenir

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile Data For Engagement
Locked Locked 2012 Locked
Open source platforms for real-time communication applications are provided.
Locked Locked 2011 Locked
Revenue threats are analyzed for mobile providers via machine learning.
Locked Locked 2007 Locked
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Complete acquisition details for Mavenir

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Financial Statements - Mavenir

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Detailed financials for Mavenir

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Mavenir Comparisons

Mavenir Primary company
Description
Multi-access edge networking computing platform is provided ...
Location
Richardson, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Mavenir

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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.

Company Name Domain Founded year HQ Location Description
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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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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Mavenir

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Latest news on Mavenir

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Complete news archive for 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.

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 Happiest Minds, 1&1 IONOS and Genpact.

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.

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