Tuesday, February 17, 2009

Mavenir Gets European Wins

Richardson-based Mavenir Systems, a developer of mobile convergence products for the telecom industry, said Monday that it has been selected by three Tier 1 mobile operators. Names of those operators were not disclosed, however, the firm said it included a carriers in North America, Europe, and Asia. Mavenir said that its products will be used to provide mobile voice services. Financial impact of the deals was not disclosed. Mavenir is backed by Austin Ventures, North Bridge Venture Partners, and Alloy Ventures, among others.