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Mavenir Announces up to $75 Million Investment From an Existing Investor

· 등록일 May. 31, 2024 15:15

· 업데이트일 2024-06-01 00:04:44

RICHARDSON, TEXAS--(Business Wire / Korea Newswire)--Mavenir, the cloud-native network infrastructure provider building the future of networks, today announced up to a $75 million investment from an existing investor. The additional capital will drive Mavenir’s business strategy, anchored in end-to-end 5G transformation.

Pardeep Kohli, President and CEO of Mavenir, commented: “Mavenir continues to be an industry leader at the forefront of network innovation and automation. With our investor group’s support, we will accelerate strategic investments in Open RAN and 5G Core solutions and efficiently meet our product roadmap. We are excited to continue building networks of the future for the benefit of our customers and partners.”

Terry Hungle, CFO of Mavenir, commented: “The steadfast support and confidence from our partners sets us up for long-term success. This positions us for growth as we accelerate the 5G transformation and bolster the global expansion for our products and solutions.”

Notes to the editor:

Recent investment related press releases
- Mavenir Raises $100 Million of Capital to Accelerate Investments in Strategic Growth Products - Mavenir
- Mavenir Raises $155 Million of Capital to Accelerate Investments in Strategic Growth Products - Mavenir
- Mavenir Announces $500 Million Private Placement with Koch Strategic Platforms - Mavenir

About Mavenir

Mavenir is building the future of networks today 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 the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240530550460/en/

Website: http://www.mavenir.com View Korean version of this release Contact Mavenir
Mavenir PR Contact
Emmanuela Spiteri
[email protected]
This news is a press release provided by Mavenir Systems Inc.. Korea Newswire follows these editorial guidelines. Mavenir Systems Inc. News ReleasesSubscribeRSS 마베니어, 기존 투자자로부터 최대 7500만달러 투자 유치 발표 네트워크의 미래를 구축하는 클라우드 네이티브 네트워크 인프라 제공업체인 마베니어(Mavenir)가 기존 투자자로부터 최대 7500만달러의 투자를 유치했다고 오늘 발표했다. 추가 자본은 엔드투엔드 5G 혁신에 기반을 둔 마베니어의 비즈니스 전략 추진에 사용될 예정이다. 마베니어의 사장 겸 최고경영자인 파... 5월 31일 15:15 Mavenir and Amazon Web Services Join Forces to Usher in a New Era for Public Cloud-Based Telco Networks Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces the signing of a five-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) set to revolutionize the deployment of telecom workloads running on the AWS. The s... 5월 7일 16:05 ... More  More News Technology Computer Networking Telecommunication Investment Overseas Mavenir Systems Inc. All News Releases 
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