Mavenir (formerly known as Xura) is a company that provides networking solutions. It enables mobile service providers to deliver IP-based voice, video, and messaging services. The company offers a product portfolio across every layer of the network infrastructure stack.

Employee Rating

3.6More
TypeSubsidiary
Parent CompanyMitel
HQRichardson, TX, US
Founded2005
Websitemavenir.com
Cybersecurity ratingBMore
Mavenir was founded in 2005 and is headquartered in Richardson, TX, US

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Key People/Management at Mavenir

Pardeep Kohli

Pardeep Kohli

President, Chief Executive Officer, Director
Terry Hungle

Terry Hungle

Executive Vice President, Chief Financial Officer
Stefano Cantarelli

Stefano Cantarelli

Eexutive Vice President, Chief Marketing Officer
Vishant Vora

Vishant Vora

President, Global Operations and Managed Services
Ashok Khuntia

Ashok Khuntia

ExecutiveVicePresident, GM, Packet Computing Business Unit
Bejoy Pankajakshan

Bejoy Pankajakshan

Executive Vice President, Chief Technology and Strategy Officer
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Mavenir Office Locations

Mavenir has offices in Richardson, Bellevue, Boston, Mount Laurel and in 33 other locations
Richardson, TX, US (HQ)
1700 International Pkwy #200
Bellevue, WA, US
3535 Factoria Blvd SE
Boston, MA, US
77 Sleeper St One Seaport Square
Mount Laurel, NJ, US
1001 Briggs Rd
Reading, MA, US
55 Walkers Brook Dr
San Jose, CA, US
2890 Zanker Rd
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Mavenir Financials and Metrics

Summary Metrics

Founding Date

2005

Total Funding

$104.4 m

Investors

In total, Mavenir had raised $104.4 m. Mavenir is a subsidiary of Mitel

Mavenir Revenue

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Mavenir's revenue was reported to be $427.44 m in FY, 2019 which is a 8.7% increase from the previous period.
Annual
USDFY, 2018FY, 2019

Revenue

393.1m427.4m

Revenue growth, %

9%

Cost of goods sold

161.6m185.3m

Gross profit

231.5m242.2m
Quarterly
USDQ2, 2019Q2, 2020

Revenue

109.6m129.9m

Cost of goods sold

49.4m56.3m

Gross profit

60.2m73.7m

Gross profit Margin, %

55%57%
Annual
USDFY, 2018FY, 2019

Cash

46.4m78.0m

Accounts Receivable

133.7m124.6m

Prepaid Expenses

20.2m28.5m

Inventories

19.2m14.4m
Quarterly
USDQ2, 2020

Cash

47.0m

Accounts Receivable

127.9m

Prepaid Expenses

27.1m

Inventories

16.8m
Annual
USDFY, 2018FY, 2019

Net Income

(97.2m)(81.0m)

Depreciation and Amortization

74.2m73.0m

Inventories

(12.2m)1.0m

Accounts Payable

(24.9m)8.7m
Quarterly
USDQ2, 2019Q2, 2020

Net Income

(54.2m)(5.6m)

Depreciation and Amortization

37.3m35.6m

Inventories

3.7m(4.3m)

Accounts Payable

49.6m(23.2m)
USDFY, 2019

Revenue/Employee

97.3k

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.4 x
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Mavenir Operating Metrics

Q2, 2020FY, 2020Q2, 2021Sep, 2020Jan, 2021

Customers

250250

Remaining Performance Obligations

$285.6 m$322.5 m$335.1 m

Twelve-Month Remaining Performance Obligations

$193.5 m

Patents Issued

579
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Mavenir Acquisitions / Subsidiaries

Company NameDateDeal Size
ip.accessSeptember 28, 2020
Argyle DataFebruary 05, 2018
AqutoDecember 28, 2017
StokeNovember 12, 2014
Airwide Solutions IncMay 30, 2011
Acision Iberia S.L.
Acision International B.V. (Philippines)
Airwide Solutions India Private Limited
Aquto Corporation
Argyle Data Europe Limited
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Mavenir Revenue Breakdown

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Mavenir revenue breakdown by business segment: 77.4% from Products and 22.6% from Post-contract support

Mavenir revenue breakdown by geographic segment: 56.8% from Americas, 18.2% from Europe, Middle East and Africa and 25.1% from Asia-Pacific

Mavenir Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Mavenir Online and Social Media Presence

Embed Graph

Mavenir Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    B

    70/100

  • Compensation

    D+

    58/100

Learn more on Comparably

Mavenir News and Updates

Ligado and Mavenir Partner to Develop Base Stations for 5G Mobile Satellite Network

RESTON, Va., Aug. 18, 2021 /PRNewswire/ -- Mobile communications company Ligado Networks today advanced its plan to deploy the first 5G mobile satellite network for the Internet of Things, announcing it is partnering with Mavenir to develop base stations for advanced connectivity services...

Ericsson and Huawei Take the Lead in ABI Research's 5G Core & Edge Platforms Competitive Ranking; Mavenir, Affirmed Networks Named Top Challengers

LONDON, July 1, 2021 /PRNewswire/ -- A new Competitive Assessment by global tech market advisory firm ABI Research provides an in-depth and objective evaluation of the services offered by nine 5G Core and Edge players. The 5G Core network market, unlike preceding cellular generations, is...

NEC and Mavenir Collaborate with Deutsche Telekom for a Live 5G Open RAN mMIMO Deployment at O-RAN Town in Germany

Tokyo, London and Richardson, TX – June 28, 2021 – NEC Corporation (NEC; TSE: 6701) and Mavenir announced today that they have jointly collaborated in a live 5G Open RAN massive MIMO deployment as part of Deutsche Telekom’s initiative, “O-RAN Town”.read more

Axiata and Mavenir Achieve First Live Commercial Open vRAN Deployment with TIP Evenstar 4G Radio

The deployment in some of Axiata properties showed the seamless integration of Open vRAN in real live environment and the beginning of the transformation journey with next generation virtualized data networks of the Future.read more

Mavenir and Qualcomm Collaborate to Deliver Open RAN 4G/5G Indoor and Outdoor Radio Solutions for Public and Private Networks

Cambridge, United Kingdom – 24 June 2021 : Mavenir [1] , the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects, today announced a collaboration with Qualcomm Technologies, Inc.read more

Mavenir Opens a New Development Centre for Open RAN Radio Software in UK

Swindon, United Kingdom – April 22, 2021 – Mavenir, the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects, announced today the opening of a Development Centre in Swindon, United Kingdom to develop Ope…
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Mavenir Blogs

The Inextricable Link Between Openness and Innovation for Mobile Networks

To meet the growing demands of consumers and achieve the true potential of 5G, CSPs want and need to incorporate openness and innovation into the mobile network. The post The Inextricable Link Between Openness and Innovation for Mobile Networks appeared first on Mavenir.

The RIC Opens a New World of Opportunities for CSPs

Ontix and Mavenir partner to launch an Open RAN pilot for neutral host in-building connectivity in London, UK. The post The RIC Opens a New World of Opportunities for CSPs appeared first on Mavenir.

Real-Time Network Protection Critical in Wake of Sophisticated New Cyberattacks

As more network customers become vulnerable, CSPs are challenged to build the right defenses and monitoring to protect and predict sophisticated cyber-attacks. The post Real-Time Network Protection Critical in Wake of Sophisticated New Cyberattacks appeared first on Mavenir.

Top 3 Benefits of the RIC for All RAN

As 5G gains momentum and new innovative mobile architectures are being adopted worldwide, a key component that will drive radio network automation and optimization is the RAN Intelligent Controller (RIC). Read this blog for the top three benefits of the RIC for all RAN. The post Top 3 Benefits of th…

How Artificial Intelligence is Transforming the Telecom Industry

AI has become central to the digital transformation of the telecom industry as it aids the delivery of superior performance in the short and long term. Read six benefits of integrating AI technology and how AI will help CSPs enable the future of networks. The post How Artificial Intelligence is Tran…

The Key Considerations for IMS and 5G

5G is changing everything and driving the move to cloud-native IMS. The industry pace toward IT trends is picking up. Understand the key benefits of having all workloads working on the same cloud-based environment. The post The Key Considerations for IMS and 5G appeared first on Mavenir.
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Mavenir Frequently Asked Questions

  • When was Mavenir founded?

    Mavenir was founded in 2005.

  • Who are Mavenir key executives?

    Mavenir's key executives are Pardeep Kohli, Terry Hungle and Stefano Cantarelli.

  • How many employees does Mavenir have?

    Mavenir has 5,300 employees.

  • What is Mavenir revenue?

    Latest Mavenir annual revenue is $427.4 m.

  • What is Mavenir revenue per employee?

    Latest Mavenir revenue per employee is $80.7 k.

  • Who are Mavenir competitors?

    Competitors of Mavenir include MessageMedia, Infobip and Avaya.

  • Where is Mavenir headquarters?

    Mavenir headquarters is located at 1700 International Pkwy #200, Richardson.

  • Where are Mavenir offices?

    Mavenir has offices in Richardson, Bellevue, Boston, Mount Laurel and in 33 other locations.

  • How many offices does Mavenir have?

    Mavenir has 39 offices.