Mavenir Systems, Inc.
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Mavenir Systems, Inc. - overview
Established
2005
Location
Richardson, TX, US
Primary Industry
Software
About
Mavenir Systems, Inc. , based in Richardson, Texas, specializes in cloud-native telecommunications solutions, facilitating the transformation of traditional telecom operators into agile, tech-driven companies. Founded in 2005, Mavenir Systems, Inc. provides innovative telecom solutions tailored to enhance operator capabilities.
The company has received significant investment, including a Growth round led by Siris in which they raised USD 100. 00 mn. Key investors include Intel Capital and Qualcomm Ventures, contributing to a total amount raised of USD 100. 00 mn.
The firm's operations span multiple global locations, with headquarters in Richardson, Texas. The CEO is Carl Kish, who co-founded the company alongside Jess Ponting, Matt Reynolds, and Talia Duniec. Mavenir specializes in delivering a broad array of cloud-native telecommunications solutions designed to support the transformation of traditional telecom operators into agile TechCos. Their core product offerings include cloud-native IMS Messaging Solutions, a Converged Packet Core, Open vRAN (Virtual Radio Access Network) small cells, and Intelligent IoT Platforms.
These solutions support diverse use cases such as enhancing mobile messaging, voice services, and enabling advanced private networks. Mavenir's technology is utilized by major telecom operators across North America, Europe, the Middle East, and parts of Asia-Pacific, emphasizing automation and AI-driven analytics to improve customer experiences. In the most recent year, Mavenir reported revenue of USD 129. 80 mn and an EBITDA of USD -11.
53 mn, reflecting their ongoing investments in innovative telecommunications solutions. Following a minority stake acquisition by Koch Strategic Platforms for USD 500 mn in April 2021, Mavenir aims to leverage this funding to expand the reach of 5G technology into new industries including energy, industrial automation, and healthcare. The company plans to develop and launch new products in these targeted sectors to drive growth and is focused on expanding its geographical footprint to better serve these markets.
Current Investors
Siris, Koch Strategic Platforms, Intel Capital
Primary Industry
Software
Sub Industries
IT Infrastructure, IT Security/Cybersecurity, Analytics & Performance Software, Connectivity Software, Telecoms
Website
www.mavenir.com
Verticals
Artificial Intelligence, Cloud Computing, Cloud Computing, IoT (Internet of Things), Research (Non-Medical)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Mavenir Systems, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Mavenir Systems, Inc. | - | ||||||||
| Growth | Completed | Mavenir Systems, Inc. | - | ||||||||
| Growth | Completed | Mavenir Systems, Inc. | - | ||||||||
| Buyout | Completed | Mavenir Systems, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | ip.access Limited | - |
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