Mavenir has raised a $100M funding round to help telecom companies reduce their costs through cloud and AI.
Siris led the funding round.
Mavenir offers a software-based automated network that runs on any cloud.
- The company aims to use this funding round to expand its market reach and help its clients integrate AI.
- Mavenir has 250 clients in over 120 countries.
- This funding round was raised at an undisclosed valuation. The company was valued at $2.5B in 2020.
- Mavenir is based in Richardson, Texas.
