Mavenir, the Network Software Provider building the future of networks with cloud-native solutions that run on any cloud, today announced the closing of a $100 million capital raise, following its successful $250 million fundraise in 2022. The financing supports Mavenir's innovation-focused strategy, enabling the digitization of telco networks with cloud-native applications that include IMS, Converged Packet Core and Open RAN.

The fundraising round was anchored by Siris, a leading technology focused private equity firm and Mavenir's largest equity holder, along with investment from two highly strategic ecosystem partners.

Mavenir is building the future of networks and pioneering advanced technology, focusing on the vision of a single, software-based automated network that runs on any cloud. As the industry's only end-to-end, cloud-native network software provider, Mavenir is focused on transforming the way the world connects, accelerating software network transformation for 250+ Communications Service Providers in over 120 countries, which serve more than 50% of the world's subscribers.