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Mavenir - About the company

Mavenir is an acquired company based in Richardson (United States), founded in 2005. It operates as a Provider of a multi-access edge networking computing platform. Mavenir has raised $105M in funding from investors like North Bridge Venture Partners, Austin Ventures and Alloy Ventures. The company has 167 active competitors, including 8 funded and 27 that have exited. Its top competitors include companies like ZTE, Ericsson and NEC.

Company Details

Provider of a multi-access edge networking computing platform. It offers network management or orchestration solutions that enable mobile service providers to deliver internet protocol IP-based voice, video, rich communications, and messaging services to their subscribers globally. It also provides a network slicing selection across applications, and core, which enables enhanced mobile communications. It also delivers voice services over LTE technology and wireless networks.
Website
Social
Email ID
@mavenir.com
Registered Address
14th Floor, Tower-B, Building No.5 DLF Cyber City Gurgaon , Gurgaon Unclassified HR 122002
Key Metrics
Founded Year
2005
Location
Richardson, United States
Stage
Acquired
Total Funding
in 11 rounds
Latest Funding Round
Ranked
1st among
Employee Count
as on Sep 30, 2019
Investment & Acquisitions
Similar Companies
ZTE &
Exit Details
Acquired by Mitel (Mar 02, 2015)
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Mavenir's acquisition details

Mavenir got acquired by Mitel on Mar 02, 2015 at an acquisition amount of $560M. It was facilitated by Bank of America, Paul, Weiss, Rifkind, Wharton & Garrison, Osler and .
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Mavenir's funding and investors

Mavenir has raised a total funding of $105M over 11 rounds. Its first funding round was on Jul 05, 2006.

Mavenir has 11 institutional investors including North Bridge Venture Partners, Austin Ventures and Alloy Ventures.

Here is the list of recent funding rounds of Mavenir:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
May 30, 2024
$75M
Post IPO
1771095
9091170
-
May 02, 2023
$100M
Post IPO
1881022
5154539
Oct 04, 2022
$155M
Post IPO
3208075
7552037
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Mavenir's founders and board of directors

Mavenir's employee count trend

Mavenir has 363 employees as of Sep 19. The total employee count is 29.0% more than what it was in Sep 18. Here is Mavenir's employee count trend over the years:
Employee count trend for Mavenir
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Mavenir's Competitors and alternates

Top competitors of Mavenir include ZTE, Ericsson and NEC. Here is the list of Top 10 competitors of Mavenir, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Mavenir
Mavenir
2005, Richardson (United States), Acquired
Provider of a multi-access edge networking computing platform
$105M
Cross Creek, Greenspring AssociatesÌý&²¹³¾±è;Ìý
75/100
2nd
Logo for ZTE
ZTE
1985, Shenzhen (China), Public
Enterprise SD WAN network management solutions provider
-
69/100
3rd
Logo for Ericsson
Ericsson
1876, Stockholm (Sweden), Public
Provider of telecom equipment and software solutions
-
Investor, Kleiner PerkinsÌý&²¹³¾±è;Ìý
69/100
4th
Logo for NEC
NEC
1899, Minato City (Japan), Acquired
Provider of cloud-based IT and networking solutions
-
CEPI, Ìý&²¹³¾±è;Ìý
66/100
5th
Logo for CommScope
CommScope
1976, Richardson (United States), Acquired
Fiber-optic and wireless infrastructure products provider
-
Adage Capital Management, Glen CapitalÌý&²¹³¾±è;Ìý
65/100
6th
Logo for Juniper Networks
Juniper Networks
1996, Sunnyvale (United States), Acquired
Cloud based enterprise networking and firewall solutions
-
IVP, Kleiner PerkinsÌý&²¹³¾±è;Ìý
54/100
7th
Logo for ST Engineering
ST Engineering
1967, Singapore (Singapore), Public
Developer of SaaS-based end-to-end rail fleet operations management solutions
-
53/100
8th
Logo for Baylin Technologies
Baylin Technologies
2013, Toronto (Canada), Public
Antennas and satellite communication equipment provider
-
52/100
9th
Logo for Aricent
Aricent
1991, Redwood City (United States), Acquired
Product engineering services company
$68.1M
KKR, Ìý&²¹³¾±è;Ìý
52/100
10th
Logo for Alcatel-Lucent
Alcatel-Lucent
2006, Boulogne billancourt (France), Acquired
IP networking, ultra-broadband access, and cloud technology solutions
-
49/100
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Mavenir's Investments and acquisitions

Mavenir has made 1 investments in companies including E-Networks. Mavenir has also acquired 8 companies including TeleStax and ip.access. Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 26, 2022
Investments
2001
Georgetown,
Aug 25, 2021
Acquisition
2011
Sep 28, 2020
Acquisition
1999
Cambridge, United Kingdom
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Reports related to Mavenir

Here is the latest report on Mavenir's sector:
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News related to Mavenir

Media has covered Mavenir for a total of 51 events in the last 1 year, 20 of them have been about partnerships and 16 about company updates.
•
GlobeNewswire•Jun 18, 2025•Mavenir, Siris Capital
•
Telecom Operator News•Jun 17, 2025•Mavenir
•
GlobeNewswire•Jun 16, 2025•Mavenir
•
Financial Post•Jun 16, 2025•Mavenir, Siris Capital
•
MobileWorldLive•Jun 16, 2025•Mavenir, Siris Capital
•
GlobeNewswire•May 29, 2025•Mavenir, , Red Hat
•
Financial Post•May 27, 2025•, Mavenir
•
Mavenir Lays Off Hundreds After Missing 4G/5G Deals in IndiaPeople Matters•Apr 24, 2025•Mavenir
•
RCRWireless•Apr 09, 2025•Boost Worldwide, Mavenir
•
everything RF•Mar 17, 2025•, Mavenir
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