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Mavenir Raised Up To $75M

Adin Ermie

Texas-based, Mavenir, cloud-network provider, raised up to $75 million in funding. The company hasn't disclosed investors.

President Mavenir, Pardeep Kohli said that the raised funds will be used for further development in 5G infra and business strategy.

Mavenir is a cloud infra provider integrated with AI to provider security and stability. The company has shown a 50% year on year growth.