Mavenir lands $17.5 million for mobile convergence

Mavenir lands $17.5 million for mobile convergence

Mavenir Systems, a company that helps telecom companies evolve their networks to handle new calling options (like VoIP) and rich-media messaging, has closed a $17.5 million third round of funding. It plans to use the round to grow its market presence and continue developing its… Continue Reading

Unsung software company Aricent raises new round from KKR and Bahrain investor

Unsung software company Aricent raises new round from KKR and Bahrain investor

Mobile software outsourcing company Aricent has raised a new $60 million round of funding from New York private equity firm Kohlberg Kravis Roberts and The Family Office, an investor in Bahrain. It’s also becoming one of the biggest private tech companies in Silicon Valley that… Continue Reading

Communications software company Aricent raises $4.7M in sale of shares

Communications software company Aricent has raised $4.7 million in a sale of regular shares to owners Kohlberg Kravis Roberts & Co. and Flextronics International, VentureBeat has learned.

The privately-held, Palo Alto, Calif.-based company says it offers everything from network infrastructure to end-user devices. Aricent has 350… Continue Reading