Mavenir Systems Obtains $40,000,000 Series E Funding Round

  • Feed Type
  • Date
    5/30/2011
  • Company Name
    Mavenir Systems
  • Mailing Address
    1700 International Parkway Richardson, TX 75081
  • Company Description
    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.
  • Website
    http://www.mavenir.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $40,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    This funding will fuel Mavenir’s continued expansion into fast-growing 4G/LTE markets and ensure we maintain the highest level of support services for our increasing customer base which now exceeds 120 mobile operators worldwide.
  • M&A Terms
  • Venture Investor
    August Capital
  • Venture Investor
    North Bridge Venture Partners
  • Venture Investor
    Austin Ventures
  • Venture Investor
    Alloy Ventures
  • Venture Investor
    Greenspring Associates
  • Venture Investor
    Cross Creek Capital

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