Mavenir Systems

Mavenir Systems was an American telecommunications software company headquartered in Richardson, Texas. Founded in 2005 by Rashad Ali, the company developed software for mobile operators seeking to move voice, video, messaging, and communications services onto Internet Protocol-based network architectures. Its portfolio centered on mobile communications infrastructure rather than consumer electronics: IP Multimedia Subsystem software, Voice over LTE, Voice over Wi-Fi, rich communications services, messaging infrastructure, signaling, mobile gateways, and related service-enablement technologies. The company grew through venture financing, acquisitions, operator deployments, and partnerships. It raised $17.5 million in December 2008, followed by a $13.5 million round in June 2010 backed by Alloy Ventures, Austin Ventures, and North Bridge Venture Partners. A later $40 million financing round, supported by existing investors and Cross Creek Capital, brought reported cumulative funding to $105 million. Its rapid expansion earned first place on the Metroplex Technology Business Council's Fast Tech list in 2010 and second place the following year. Mavenir expanded its capabilities through acquisitions. In May 2011 it acquired Airwide Solutions, a Massachusetts-based provider of mobile messaging and wireless-infrastructure software. In November 2014 it acquired Stoke, a company focused on mobile and security gateway technology. In January 2015 it acquired Ulticom for $20 million, adding signaling software to its portfolio. These transactions broadened Mavenir Systems from a specialist in mobile communications applications and IMS-related services into a more extensive network-software supplier. Its commercial activity was closely associated with the transition from legacy circuit-switched mobile voice to all-IP communications. In 2012, Mavenir supplied VoLTE technology to MetroPCS. It subsequently partnered with Radisys on VoLTE deployments in Europe and the United States, and in 2014 supplied the IMS WebRTC gateway used by T-Hrvatski Telekom in connection with its Terastream initiative. T-Mobile launched a VoLTE service in July 2014 using an IMS voice solution developed by Mavenir Systems. The company also worked on a VoWi-Fi application for 3UK and released a mobile voice-and-messaging client intended to support operator-branded VoLTE, VoWi-Fi, and RCS experiences. Mavenir Systems became publicly traded on the New York Stock Exchange in November 2013. Its initial public offering was priced at $10 per share and raised approximately $44.5 million. The public-company period was short-lived. In March 2015, Mitel announced an agreement to acquire Mavenir Systems for $560 million, and the transaction became effective in April 2015. Mavenir Systems consequently ceased to exist as an independent company. The Mavenir name later reappeared in a new corporate structure formed through the combination of Xura, the Mavenir Systems business acquired by Mitel, and startup Ranzure; that later company is distinct from the original Mavenir Systems entity covered here.

Mavenir Systems was established in 2005 in Richardson, Texas, by Rashad Ali. Under president and chief executive Pardeep Kohli, it developed software for mobile-network operators at a time when the telecommunications industry was moving from circuit-switched voice toward IP-based communications. The company's focus was on enabling operators to deliver voice, video, messaging, and richer communications services through software-defined network components and IMS architectures. The business financed its expansion through several venture rounds. It completed a $17.5 million financing in December 2008 and raised another $13.5 million in June 2010 from Alloy Ventures, Austin Ventures, and North Bridge Venture Partners. A subsequent $40 million round backed by earlier investors and Cross Creek Capital brought reported total funding to $105 million. Its growth was recognized by the Metroplex Technology Business Council, which ranked Mavenir first on its Fast Tech list in 2010 and second in 2011. Mavenir used acquisitions to broaden beyond its initial communications-software base. In May 2011 it bought Airwide Solutions, a Massachusetts company active in mobile messaging and wireless Internet infrastructure. The transaction strengthened Mavenir's messaging and service-enablement capabilities. The company also pursued industry partnerships. In February 2013 it worked with Radisys on VoLTE deployments in Europe and the United States, and in April of that year it was elected to the Board of Governors of 4G Americas. Mavenir opened a user experience center in Zagreb, Croatia, in April 2013 to demonstrate emerging VoWi-Fi, VoLTE, and RCS products to operators and partners. The company entered the public markets in November 2013 through an initial public offering on the New York Stock Exchange. Shares were priced at $10, and the offering raised approximately $44.5 million. Its commercial activity during this period reflected the industry's early adoption of all-IP mobile voice. Mavenir provided VoLTE service technology to MetroPCS in 2012. In February 2014 it supplied an IMS WebRTC gateway to T-Hrvatski Telekom for the operator's Terastream service-delivery initiative. In May 2014 it released a handset and tablet client for mobile voice and messaging, designed to help operators package and differentiate VoLTE, VoWi-Fi, and RCS services. It also developed a VoWi-Fi application for 3UK, aimed at allowing customers to place calls and send texts over Wi-Fi when cellular service was unavailable. In July 2014, T-Mobile launched VoLTE using an IMS voice solution developed by Mavenir Systems. Mavenir continued its acquisition program late in its independent existence. It acquired Stoke in November 2014, adding mobile and security gateway capabilities, and acquired Ulticom in January 2015 for $20 million, adding signaling software. In March 2015, Mitel announced that it would purchase Mavenir Systems for $560 million. The deal became effective in April 2015, bringing the original Mavenir Systems company to an end as an independent public business. The Mavenir name later returned in a different corporate entity. A subsequent company was formed through the combination of Xura, the Mavenir Systems business acquired by Mitel, and startup Ranzure. That later organization should not be conflated with the original Mavenir Systems entity, which operated from 2005 to 2015.

• 2015

  Ulticom acquisition and Mitel transaction

  [1]Mavenir Systemsen.wikipedia.org

  Mavenir acquired Ulticom for $20 million, and Mitel's $560 million acquisition of Mavenir Systems became effective in April.

• 2014

  T-Mobile launches VoLTE with Mavenir IMS technology

  [1]Mavenir Systemsen.wikipedia.org

  T-Mobile launched VoLTE using an IMS voice solution developed by Mavenir Systems.

• 2013

  Initial public offering

  [1]Mavenir Systemsen.wikipedia.org

  Mavenir Systems listed on the New York Stock Exchange, pricing its IPO at $10 per share and raising approximately $44.5 million.

• 2012

  MetroPCS VoLTE deployment

  [1]Mavenir Systemsen.wikipedia.org

  Mavenir provided VoLTE service technology to MetroPCS.

• 2011

  Airwide Solutions acquisition

  [1]Mavenir Systemsen.wikipedia.org

  Mavenir acquired Airwide Solutions, expanding into mobile messaging and wireless-infrastructure software.

• 2010

  Expansion financing and Fast Tech recognition

  [1]Mavenir Systemsen.wikipedia.org

  The company raised $13.5 million in June and was ranked first on the Metroplex Technology Business Council's Fast Tech list.

• 2008

  First reported major financing round

  [1]Mavenir Systemsen.wikipedia.org

  Mavenir Systems completed a financing round of $17.5 million in December.

• 2005

  Mavenir Systems is founded

  [1]Mavenir Systemsen.wikipedia.org

  Rashad Ali founded the telecommunications software company in Richardson, Texas.

A specialist enterprise telecommunications software provider helping mobile operators migrate voice, messaging, and communications services to IP-based and IMS architectures.

• Telecommunications network software

  IP Multimedia Subsystem solutions

  Mavenir's IMS software provided the service-control and communications infrastructure needed to deliver operator voice and messaging services over IP networks. Its IMS capabilities supported deployments such as VoLTE, VoWi-Fi, WebRTC interworking, and other IP-based communications services.

• Mobile voice infrastructure

  VoLTE solutions

  The company's VoLTE offerings enabled mobile operators to carry voice services over 4G LTE networks. Mavenir supplied VoLTE technology to MetroPCS and developed the IMS voice solution used in T-Mobile's 2014 VoLTE launch.

• Mobile communications application · 2014

  VoWi-Fi application

  Mavenir developed mobile software intended to let subscribers make calls and send text messages over Wi-Fi when cellular coverage was unavailable. A version was developed for 3UK through HockeyApp-based testing and development.

• Network gateway · 2014

  IMS WebRTC gateway

  The IMS WebRTC gateway connected browser-based or WebRTC-enabled communications experiences with operator IMS infrastructure. Mavenir supplied this type of gateway to T-Hrvatski Telekom for its Terastream-related service-delivery program.

• Operator communications client · 2014

  Mobile voice and messaging client

  Released for handsets and tablets in 2014, the client was designed to help operators present branded voice and messaging experiences across VoLTE, VoWi-Fi, and Rich Communications Services.

• Messaging infrastructure · 2011

  Mobile messaging and wireless infrastructure software

  Through its acquisition of Airwide Solutions, Mavenir added software for mobile messaging and wireless Internet infrastructure to its broader operator-services portfolio.

• Network security and gateway software · 2014

  Mobile and security gateway software

  The acquisition of Stoke expanded Mavenir Systems into mobile and security gateway technology, complementing its IMS, voice, messaging, and service-enablement products.

• Telecommunications signaling · 2015

  Signaling solutions software

  Ulticom's signaling software became part of Mavenir Systems after the January 2015 acquisition, adding signaling capabilities to the company's mobile-network software portfolio.

• 2015

  Acquire UlticomM&A

  Background

  Mavenir sought to strengthen its network signaling capabilities.

  Action taken

  Mavenir acquired Ulticom in January 2015 for $20 million.

  Aftermath

  Ulticom's signaling software became part of Mavenir's expanded telecommunications portfolio.

  Acquisition price. $20 million (January 2015)

  Source

• 2015

  Sell Mavenir Systems to MitelM&A

  Background

  Mavenir Systems had expanded through public financing, operator deployments, and acquisitions, making it an acquisition target in the enterprise communications market.

  Action taken

  Mitel announced a $560 million acquisition in March 2015, with the transaction becoming effective in April.

  Aftermath

  Mavenir Systems ceased to operate as an independent company. The Mavenir name later reappeared in a different corporate structure.

  Acquisition value. $560 million (Announced March 2015; completed April 2015)

  Source

• 2014

  Acquire StokeM&A

  Background

  Mavenir aimed to add gateway and security capabilities to its mobile-network software portfolio.

  Action taken

  It acquired Stoke in November 2014.

  Aftermath

  The acquisition added mobile and security gateway technology before Mavenir's sale to Mitel.

  Source

• 2013

  Go public on the New York Stock ExchangeOther

  Background

  Mavenir needed additional capital and public-market access while expanding its operator software business.

  Action taken

  The company completed an IPO in November 2013, pricing shares at $10 and raising approximately $44.5 million.

  Aftermath

  Mavenir operated as a publicly traded company until its acquisition by Mitel in 2015.

  IPO proceeds. Approximately $44.5 million raised (November 2013)

  Source

• 2011

  Acquire Airwide SolutionsM&A

  Background

  Mavenir sought to expand beyond core communications software into mobile messaging and wireless-infrastructure capabilities.

  Action taken

  It acquired Airwide Solutions in May 2011.

  Aftermath

  The transaction broadened Mavenir's messaging and wireless-network software portfolio.

  Source

• 2022.03.10

  Reported2022.03.10

  Crexendo and Mavenir announce strategic partnership[3]Crexendo与Mavenir宣布建立战略合作伙伴关系finanznachrichten.de

  Crexendo announced a strategic partnership with Mavenir. Under the agreement, Mavenir will integrate Crexendo's UCaaS with the Mavenir Connect brand, while Crexendo will integrate Mavenir's CCaaS and customer-engagement offerings.

• 2022.03.04

  Reported2022.03.04

  Mavenir receives trusted-source approval in India[4]Mavenir 获得印度可信来源批准telecom.economictimes.indiatimes.com

  Mavenir received trusted-source approval from the trusted telecom cell of India’s National Security Council Secretariat, according to sources cited in the article.

• 2022.02.28

  Reported2022.02.28

  Mavenir unveils cloud-hosted 5G Core network[5]Mavenir推出云托管5G核心网telecom.economictimes.indiatimes.com

  Mavenir unveiled an end-to-end cloud-hosted 5G Core network for 4G and 5G use cases; the solution will be hosted on Amazon Web Services.

• 2022.02.21

  Reported2022.02.21

  FSG selects Nokia and Mavenir as technology partners for regional network[6]FSG选定Nokia和Mavenir作为区域网络技术合作伙伴arnnet.com.au

  Field Solutions Group selected Nokia and Mavenir as primary technology partners for its Regional Australia Network. Nokia and Mavenir will supply 4G and 5G radio access networks and mobile core; the rollout is planned to commence in the 2023 financial year.

• 2022.02.14

  Reported2022.02.14

  Mavenir makes its Intelligent IoT Platform commercially available[7]Mavenir推出智能物联网平台menafn.com

  Mavenir announced the commercial availability of its Intelligent IoT Platform, which applies artificial intelligence to IoT sensor data to provide insights and actionable intelligence.

• 2022.02.11

  Reported2022.02.11

  Mavenir announces commercial availability of Intelligent IoT Platform[8]Mavenir宣布智能物联网平台正式商用finanznachrichten.de

  Mavenir announced the commercial availability of its Intelligent IoT Platform, which applies AI to IoT sensor data streams to provide enterprises and communications service providers with insights and actionable intelligence.

• 2022.01.10

  Reported2022.01.10

  BAI Communications and Mavenir partner on Sunderland smart city project[9]BAI Communications 与 Mavenir 合作推进桑德兰智慧城市项目menafn.com

  BAI Communications and Mavenir announced a partnership for a Sunderland smart city project. BAI will build a new 5G-centric network powered by Mavenir's MAVedge solution.

• Unconfirmed

  Reported2021.08.25

  Mavenir acquires Telestax[10]Mavenir 收购 Telestaxtelecomtv.com

  Mavenir acquired Telestax, a CPaaS technology specialist and existing partner, for an undisclosed sum. Mavenir said Telestax’s technology would enhance its Engage portfolio.

• 2021.07.08

  Vodafone partners with Mavenir on indoor OpenRAN solution[11]Vodafone与Mavenir合作开发室内OpenRAN解决方案mobilenewscwp.co.uk

  Vodafone announced a partnership with Mavenir to work on an OpenRAN-based solution intended to improve indoor 4G connectivity for Vodafone business customers.

• 2021.04.14

  Reported2021.04.14

  Mavenir launches AI-on-5G Edge solution with Nvidia[12]Mavenir与Nvidia推出AI-on-5G边缘解决方案telecom.economictimes.indiatimes.com

  Mavenir launched an AI-on-5G Hyper-Converged Edge solution developed on Nvidia hardware and software technologies, in collaboration with Nvidia.

Read more(20)

1. 1Mavenir Systemsen.wikipedia.org
2. 2Mavenir official websitemavenir.com
3. 3Crexendo与Mavenir宣布建立战略合作伙伴关系finanznachrichten.de
4. 4Mavenir 获得印度可信来源批准telecom.economictimes.indiatimes.com
5. 5Mavenir推出云托管5G核心网telecom.economictimes.indiatimes.com
6. 6FSG选定Nokia和Mavenir作为区域网络技术合作伙伴arnnet.com.au
7. 7Mavenir推出智能物联网平台menafn.com
8. 8Mavenir宣布智能物联网平台正式商用finanznachrichten.de
9. 9BAI Communications 与 Mavenir 合作推进桑德兰智慧城市项目menafn.com
10. 10Mavenir 收购 Telestaxtelecomtv.com
11. 11Vodafone与Mavenir合作开发室内OpenRAN解决方案mobilenewscwp.co.uk
12. 12Mavenir与Nvidia推出AI-on-5G边缘解决方案telecom.economictimes.indiatimes.com
13. 13Mavenir与赛灵思合作推进O-RAN大规模MIMOfinance.sina.com.cn
14. 14Xilinx 与 Mavenir 合作提升开放式 5G 网络容量telecom.economictimes.indiatimes.com
15. 15ITI与供应商合作开展BSNL 4G网络试点economictimes.indiatimes.com
16. 16Mavenir 提交 IPO 申请telecomtv.com
17. 17Mavenir为Rakuten Link部署语音和消息解决方案financialpost.com
18. 18IMImobile与Mavenir合作开展RCS商业消息业务finanznachrichten.de
19. 19Mavenir推出虚拟化4G/5G OpenRAN解决方案itweb.co.za
20. 20Mavenir推出Mobile Business Fabricfinancialpost.com
21. 21Mavenir宣布推出Mobile Business Fabricitweb.co.za
22. 22Mavenir Introduces Mobile Business Fabric™businessghana.com