Startups > Mavenir

Mavenir

Mavenir helps telecom operators deploy cloud-native 5G networks without proprietary hardware.

Private Equity $1.74B total Founded 2006 Richardson, Texas 5793 employees

Mavenir is a cloud-native telecommunications software company that powers virtualized mobile core networks for communication service providers globally. The company provides Open vRAN, 5G Converged Packet Core, and cloud-native IMS solutions that run on commercial off-the-shelf hardware instead of proprietary telecom equipment. Mavenir powers more than 50% of the world's mobile subscribers across 250+ operators in 120 countries, including major carriers like T-Mobile, Dish, Rakuten, and Deutsche Telekom.

Problem solved

Telecom operators are trapped in expensive, inflexible proprietary hardware-based networks that cannot scale quickly or cost-effectively for 5G deployments.

Target customer

Tier-1 and Tier-2 communication service providers (CSPs), mobile network operators, and enterprise private network operators seeking cloud-native network infrastructure.

Website LinkedIn Crunchbase Twitter / X

Founders

Rashad Ali

Founder (Original Mavenir Systems)

Founded the original Mavenir Systems in 2005-2006, focused on IMS and 3G-to-4G transition technologies.

Pardeep Kohli

CEO

CEO since December 2016; previously CEO of Xura and founder of Spatial Wireless (acquired by Alcatel in 2004) and Ranzure Networks; led the 2017 merger that created modern Mavenir.

Funding history

Series A $17.5M December 2008 Led by Unknown · Unknown

Series B $13.5M June 2010 Led by Alloy Ventures · Austin Ventures, North Bridge Venture Partners

Series C $40M Unknown Led by Cross Creek Capital · Previous investors

Recapitalization (Xura acquisition) $643M valuation Mid-2016 Led by Siris Capital Group · Unknown

Series D (Post-merger) $500M April 2021 Led by Koch Industries · Unknown

Debt Financing $95M Summer 2022 Led by Unknown · Unknown

Series E $155M October 2022 Led by Siris Capital · Koch Strategic Platforms

Series F $100M May 2023 Led by Siris Capital · Unknown

Recapitalization $300M + $1.3B debt elimination June 2025 Led by Siris Capital · Unknown

Total raised: $1.74B

Industries

Communications Infrastructure Cloud Infrastructure SaaS Telecommunications Software

Pricing

Not publicly available. B2B enterprise licensing model; pricing likely varies by operator scale, feature set, and deployment scope.

Notable customers

T-Mobile, Dish Wireless, Rakuten, Bharti Airtel, Deutsche Telekom, Vodafone UK, O2 Telefonica, ENet, and 17 of the top 20 global operators

Integrations

O-RAN Alliance standards, COTS hardware, containerized deployment on Kubernetes, cloud platforms (Azure mentioned), Siris Capital ecosystem

Tech stack

Modernizr (JavaScript libraries) Swiper (JavaScript libraries) lit-element (JavaScript libraries) lit-html (JavaScript libraries) jQuery Migrate (JavaScript libraries) jQuery (JavaScript libraries) AOS (JavaScript libraries) YouTube (Video players) LottieFiles Open Graph WordPress (Blogs) AddToAny (Widgets) Linkedin Insight Tag (Analytics) PHP (Programming languages) Apple iCloud Mail (Webmail) Unpkg (CDN) Cloudflare (CDN) HubSpot (Marketing automation) MySQL (Databases) Google Tag Manager (Tag managers) Salesforce (CRM) Yoast SEO (SEO) Azure (PaaS) OneTrust (Cookie compliance) Mailgun (Email) AddToAny Share Buttons (WordPress plugins) TablePress (WordPress plugins) Contact Form 7 (WordPress plugins)

Website

mavenir.com/

Competitors

Nokia

Established telecom vendor with broader hardware and software portfolio; Mavenir focused purely on cloud-native software.

Ericsson

Larger diversified telecom equipment manufacturer; Mavenir specialized in open-source aligned vRAN and cloud-native core networks.

Cisco

Broader networking and infrastructure company; Mavenir focused specifically on mobile core and vRAN for telecom operators.

Radcom

Focuses on network intelligence and assurance; Mavenir focuses on core infrastructure deployment and operations.

Why this matters: Mavenir is the de facto leader in cloud-native 5G core networks, powering over 50% of global mobile subscribers. The company represents a strategic shift in telecom infrastructure away from proprietary hardware toward open, software-defined networks—with major carriers like T-Mobile and Dish betting billions on this transition.

Best for: Tier-1 and Tier-2 telecom operators looking to replace proprietary network infrastructure with open, cloud-native, scalable 5G and 4G core solutions without major capex.

Use cases

5G Core Network Modernization

Large telecom operators like T-Mobile use Mavenir's Converged Packet Core to migrate from hardware-based 4G/5G infrastructure to cloud-native containerized deployments. This reduces operational complexity and enables faster feature deployment across millions of subscribers.

Greenfield 5G Deployment at Scale

Dish Wireless used Mavenir's Open vRAN to build a nationwide 5G network reaching 70% of the U.S. population without proprietary equipment lock-in. This enabled rapid deployment and cost-effective scaling compared to traditional RAN infrastructure.

Private Network Solutions

Enterprise customers like mining operations use Mavenir's Private Network Solution to deploy isolated, dedicated mobile networks on-site using cloud-native architecture, ensuring reliability and security without carrier dependency.

Voice, Video, and Messaging Innovation

Operators use Mavenir's cloud-native IMS and messaging solutions to deliver modern voice/video services and enable new revenue streams like rich communication services, running entirely on commodity hardware and cloud infrastructure.

Alternatives

Nokia AirFrame Broader integrated telecom platform with hardware and software; Mavenir is software-only and more open-architecture aligned.

Ericsson Cloud RAN Part of a larger legacy telecom vendor portfolio; Mavenir is pure-play cloud-native with stronger O-RAN compliance focus.

RADCOM Network Intelligence Focuses on network assurance and analytics rather than core infrastructure deployment and operations.

FAQ

What does Mavenir do? +

Mavenir develops cloud-native software for telecommunications service providers, including Open vRAN (virtualized radio access networks), 5G Converged Packet Core, and cloud-native IMS/messaging solutions. These products run on commercial off-the-shelf hardware instead of proprietary telecom equipment, enabling operators to scale networks faster and more cost-effectively. The company powers more than 50% of the world's mobile subscribers across 250+ operators globally.

How much does Mavenir cost? +

Pricing is not publicly disclosed. Mavenir operates on a B2B enterprise licensing model where costs vary based on operator scale, feature set, geographic deployment, and service scope. Contact Mavenir directly for custom pricing.

What are alternatives to Mavenir? +

Major alternatives include Nokia (broader telecom vendor with AirFrame platform), Ericsson (large diversified telecom manufacturer with Cloud RAN), and Cisco (general networking infrastructure). Smaller focused competitors include RADCOM (network intelligence) and various open-source projects. Mavenir's key differentiator is pure-play cloud-native software with strong O-RAN alignment.

Who uses Mavenir? +

Tier-1 and Tier-2 communication service providers and mobile network operators worldwide. Notable customers include T-Mobile, Dish Wireless, Rakuten, Deutsche Telekom, Vodafone UK, O2 Telefonica, and Bharti Airtel. The company serves 250+ operators across 120 countries, including 17 of the top 20 global carriers.

How does Mavenir compare to Nokia and Ericsson? +

Nokia and Ericsson are broader diversified telecom vendors with hardware and software portfolios; Mavenir is pure-play software focused on cloud-native architecture. Mavenir is more aligned with open-source standards (O-RAN) and runs on commodity hardware rather than proprietary equipment, offering operators greater flexibility and cost savings. However, Nokia and Ericsson have larger installed bases and broader service portfolios.