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
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.
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


 

 

Browse more venture capital transactions:

Prev: 5/2/2023: Hero Bread venture capital transaction
Next: 5/2/2023: Altris venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary