Announced
Completed
Financials
Sources
Tags
Friendly
Single Bidder
Private Equity
Minority
Software
United States
software based mobile networking solutions
Private
Completed
Acquisition
Domestic
Venture Capital
Synopsis
Siris, a technology focused private equity firm, led a $100m round in Mavenir, a telecommunications software company. “This new capital will allow us to accelerate our capabilities in automation, sustainability, and use of AI as we enable our customers to efficiently deploy and operate Open RAN based end-to-end cloud-native networks. Our unique strategy incorporates best practices from the hyperscale, cloud and IT industries, to transform how the world connects and builds the future of networks," Pardeep Kohli, Mavenir President and CEO.
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