Private company

Mavenir

Logo: Maris Piper, CC BY-SA 4.0, via Wikimedia Commons5

American telecommunications software company

Mavenir Systems, Inc. is an American telecommunications software company, created in 2017 as a result of a three-way merger of existing companies and technologies, that develops and supplies cloud-native software to the communications service provider (CSP) market. The company is headquartered in Richardson, Texas, US, and has offices in multiple countries such as India, Pakistan, Indonesia, Romania, Germany, and the UK. Mavenir also has Centres of Excellence around the world, including in Bangalore and Brno.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

May 1, 2017Founded1
  • Industrysoftware industry, telecommunications company, telecommunications industry1
  • HeadquartersRichardson, United States1
  • Websitemavenir.com
  • Legal formprivately held company1
  • Slogan“Transforming Mobile Network Economics”1
  • Incorporated inDE6
  • Business address1700 International Parkway, Suite 200, Richarson, Tx 750816
  • Filer categoryNon-accelerated filer6
  • LEI5493007DSIFXCC6J0N244
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 28236514

Mavenir Systems, Inc. is an American telecommunications software company, created in 2017 as a result of a three-way merger of existing companies and technologies, that develops and supplies cloud-native software to the communications service provider (CSP) market.3

Corporate structure

Mavenir sits at the top of its group. 10 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Mavenir Richardson, Texas, United States
    • Comverse Subsidiary · Ra'anana, Israel
      • Verint Systems Subsidiary · Melville, New York, United States
        • Next IT Subsidiary · Spokane Valley, United States
        • COGNYTE ANALYTICS INDIA PRIVATE LIMITED Subsidiary · Gurgaon, India
        • Verint Americas Inc. Subsidiary · Alpharetta, Georgia, United States
        • VERINT CES INDIA PRIVATE LIMITED Subsidiary · South Delhi, India
        • VERINT SYSTEMS BELGIUM Subsidiary · Ghent, Belgium
        • VERINT SYSTEMS GMBH Subsidiary · Kiel, Germany
    • MAVENIR LTD Subsidiary · Ra'Anana, Israel

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Mavenir reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$20.2M8 Dec 31, 2014$15.4M8 Dec 31, 2013+30.9%
Accumulated depreciation$13.6M8 Dec 31, 2014$10.4M8 Dec 31, 2013+31.0%
Property and equipment, net$6.6M8 Dec 31, 2014$5.1M8 Dec 31, 2013+30.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$54.7M8 Dec 31, 2014$38.9M8 Dec 31, 2013+40.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.8M8 Dec 31, 2014$866.0K8 Dec 31, 2013+226.6%
Intangible assets, net (excluding goodwill)$8.2M8 Dec 31, 2014$5.2M8 Dec 31, 2013+57.2%
Finite-lived intangibles, gross$14.7M8 Dec 31, 2014$10.0M8 Dec 31, 2013+46.7%
Accumulated amortization$6.5M8 Dec 31, 2014$4.8M8 Dec 31, 2013+35.4%
Finite-lived intangibles, net$8.2M8 Dec 31, 2014$5.2M9 Dec 31, 2013+57.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$3.9M8 Dec 31, 2014$7.1M8 Dec 31, 2013−45.8%

The story

Mavenir Systems was founded in 2005, and completed a $17.5 million round of funding in 2008, another for $13.5 million in 2010, and another for $40 million in 2011. In 2013 Mavenir Systems underwent an IPO and listed on NYSE, raising $44.5 million. In 2015, Mavenir Systems was acquired by Mitel Networks Corporation for $560 million, then rebranded to Mitel Mobile and sold to Xura for $350 million.

In 2016, Pardeeep Kohli and Ashok Khuntia founded Ranzure. Ranzure was acquired by Xura in 2016, before Xura, Ranzure and Mitel Mobile were merged and rebranded as Mavenir in 2017.

Between 2017 and 2020, Mavenir acquired Brocade’s vEPC technology (2017), Aquto (2018), Argyle Data (2018), and, in 2020, ip.access after which the company established an Open RAN Centre of Innovation in Cambridge, UK.

On 6 October 2020, Mavenir announced that it had filed a registration statement for an initial public offering (IPO) of ordinary shares on Nasdaq. Due to market volatility in the run-up to the 2020 US elections the company postponed the IPO on 28 October but stated that it would keep market conditions under review in the following months.

In 2021, Mavenir signed an agreement with Koch Strategic Platforms (KSP) for a minority equity investment of $500m.

Recapitalization

In June 2025, Mavenir and controlling shareholder Siris restructured its finances through a recapitalization deal with lenders, eliminating more than $1.3 billion of debt and securing $300 million in new financing. Later in December 2025, Mavenir confirmed a refocus on mobile core software and AI, exiting the manufacture and distribution of physical radio unit (RU) hardware, and realigning into two integrated business units: packet-core, messaging and security; and voice and radio access technologies.

From Wikipedia’s article on Mavenir Systems, Inc., shared under CC BY-SA 4.0.7

Leadership

Who has led Mavenir, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Terry Hungle2013–2015
201520202025
Board members and other officers (13)

Products and brands

With the industry seeing global mobile infrastructure investments slowing significantly in 2024, Mavenir openedhttps://www.lightreading.com/satellite/mavenir-s-space-quest-a-fantastic-opportunity-or-a-hail-mary- its core and RAN management software to satellite operators and 5G non-terrestrial networks (NTN). Key early milestones included Mavenir and Terrestar Solutions successfully conducting the industry’s first Narrowband-IoT live data sessions and voice calls over NB-IoT via Geostationary Earth Orbit (GEO) non-terrestrial networks (NTN).

In September 2025, global voice and data satellite communications company Iridium Communications Inc. signed a strategic partnership with Mavenir to accelerate its NTN direct-to-device services and satellite-terrestrial NB-IoT integration with the deployment of Mavenir’s cloud-native Converged Packet Core solution.

From Wikipedia’s article on Mavenir Systems, Inc., shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. May 1, 2017Founded Founded1
  2. Nov 6, 2013New chief executive Pardeep Kohli becomes CEO10

SEC filer profile

How Mavenir is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMAVENIR SYSTEMS INC2
  • CIK0001361470
  • Filer statusNon-accelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)3576 Computer Communications Equipment2
  • Business address1700 International Parkway, Suite 200, Richarson, TX 750812
  • Phone469-916-43932
  • Shares outstanding28,975,992 as of Feb 26, 20158
  • Public float$373.6M as of Jun 30, 20148
  • On EDGAR sinceApr 26, 20062
  • Filings218 in all: 4 (62), 3 (23), 425 (23), 8-K (22), SC 13G (7), CORRESP (6), UPLOAD (6), DRS/A (5)2
    All 38 form types

    S-1/A (5), SC TO-T/A (5), 10-Q (4), 8-K/A (4), D (4), SC 13G/A (4), SC 14D9/A (4), REGDEX (3), S-8 (3), S-8 POS (3), 10-K (2), 424B4 (2), CT ORDER (2), EFFECT (2), S-1 (2), 10-K/A (1), 10-Q/A (1), 15-12B (1), 25-NSE (1), 8-A12B (1), ARS (1), CERTNYS (1), DEF 14A (1), DEFA14A (1), DRS (1), FWP (1), REGDEX/A (1), S-1MEF (1), SC 14D9 (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 3, 2015
    Quarterly report (10-Q) Oct 28, 2014
    Proxy statement (DEF 14A) Apr 29, 2014
    Latest 8-K (8-K) May 1, 2015