Mavenir

Overview
Activities
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Next-gen Mobile Networks?
Product stageSegments
Expansion
?
Telecom software
?

Mavenir is a global software company that provides cloud-native solutions for mobile networks. The company's software offerings include virtualized 5G core, Open RAN, messaging security, and business communications platforms. Mavenir's technologies enable communications service providers (CSPs) and enterprises to drive revenues, enhance efficiencies, and deliver service innovations.

In March 2022, Mavenir announced its Software as a Service (SaaS) based Business Communications portfolio, comprising customer engagement, business messaging, Communications Platform as a Service (CPaaS), Unified Communications as a Service (UCaaS), and Contact Center as a Service (CCaaS) solutions. This portfolio, branded as MAVbiz, leverages Mavenir's expertise in mobile networks and its global reach to provide omnichannel customer experiences to businesses of all sizes.

Mavenir's products and solutions are designed to support the move toward open, virtualized, and cloud-native networks. The company's Open RAN solutions have been successfully tested for 3GPP security assurance, demonstrating its commitment to open standards and interoperability. In May 2024, Mavenir achieved an industry-first 5G Open RAN RedCap demonstration on the Boost Mobile network in collaboration with Qualcomm and EchoStar.

Mavenir's SpamShield messaging fraud prevention technology has been instrumental in driving a steep decline in spam and scam messages for Globe Telecom in the Philippines. Additionally, Mavenir's Fraud and Security suite enabled Three UK to block over 173 million spam texts between 2020 and 2022, protecting customers from rising online fraud.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
1700 International Pkwy Richardson TX USA
Founded year:
2005
Employees:
5,001-10,000
IPO status:
Public
Total funding:
USD 1.0 bn
Last Funding:
USD 75.0 mn (Private Equity; May 2024)
Last valuation:
USD 2.5 bn (Apr 2021)
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