Mavenir, a Richardson, TX-based cloud-native network infrastructure provider, raised up to $75M in investment.
Backers included undisclosed existing investors.
The company intends to use the funds to drive its business strategy, anchored in end-to-end 5G transformation.
Led by CEO and President Pardeep Kohli, Mavenir is building networks with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As a provider of Open RAN, the company provides solutions delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ communications service providers in over 120 countries.
