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 software portfolio. Its goal is to make accessing broadband connections easier for cell phone users — in turn, giving operators the chance to push a wider range of applications and… Continue Reading