Mavenir Systems closed our Series E round of funding totaling $40 million, raising a total of $105 million since October 2005. We are backed by Tier 1 investors, who add significant value with their mobile telecom expertise and leveraging their portfolio to add value to the Mavenir solutions eco-system.
North Bridge Venture Partners
North Bridge Venture Partners is an active, early-stage venture capital fund based in the Boston, Massachusetts area. Our definition of active, early-stage investing is quite simple: more than capital is required to achieve business success. North Bridge has helped launch other successful companies such as Cascade Communications, Sonus Networks, IPmobile, NetCore Systems Inc., New Oak and Wellfleet Communications.
Austin Ventures (“AV”) has worked with talented entrepreneurs to build valuable companies for over 25 years. With $3.9 billion under management, AV is the most active venture capital and growth equity firm in Texas and one of the most established in the nation. With an investment focus on business services and supply chain, financial services, new media, Internet, and information services, AV invests at all stages of company development, from $100,000 in “planned experiments” in early-stage ideas to $100+ million investments in expansion rounds and recapitalizations. AV’s strategy is to partner with talented executives and entrepreneurs through its CEO-in-Residence and Entrepreneur-in-Residence programs. Visit austinventures.com for more information.
Based in Palo Alto, California, the partners of Alloy Ventures have been providing venture capital funding to entrepreneurs since 1977. The primary investment focus is on seed- and early-stage companies in markets served by Information and Life Science Technologies. More than 175 companies have received funding from these venture funds. Alloy Ventures is an early-stage venture capital firm. Over the decades of our history, the limited partners have entrusted us with over $1 billion in capital. They are currently investing out of the 5th fund a $368 million limited partnership raised in June 2005.
Founded in 1995, August Capital has funded an extraordinary group of entrepreneurs who have built significant, long-term value across the full range of information technologies. These companies represent an aggregate market capitalization of well over $250 billion, generate in excess of $75 billion in annual revenue around the world. August Capital has $1.7 billion under management, and has invested in more than 90 companies including Atheros, Adchemy, Cobalt Networks, Inrix, Postini, Splunk, Seagate, Shopping.com, SAY Media, Silicon Image. Recent investments range from $500,000 to $130 million in information technology businesses from semiconductors to ecommerce. The firm's partners have previously invested in a number of groundbreaking technology companies, including Actel, Adaptec, Compaq, Grand Junction, Intuit, Linear Technology, Microsoft, MMC Networks, Skype, Sun Microsystems, Sybase, Symantec, and Visio. August Capital is located in Menlo Park, California.
Cisco Systems Cisco (NASDAQ: CSCO), is the worldwide leader in networking that transforms how people connect, communicate and collaborate, this year celebrates 25 years of technology innovation, operational excellence and corporate social responsibility.
Cross Creek Capital
Cross Creek is a venture capital firm founded in 2006 inside of Wasatch Advisors, Inc. Through its direct investment strategy and fund investment strategy the firm seeks to invest in what we believe are high quality late stage companies and top-tier venture capital funds. The strategies are mutually beneficial in their goal to strengthen ties between private and public investors and to achieve above market returns for limited partners.
Greenspring Associates, founded in 2000, is a leading global venture investment firm that provides commingled fund and customized partnership capabilities to a diverse group of institutions and individuals in North America, Europe and Australia. Currently, managing $1.5 billion of committed capital, its dedicated investment team combines broad venture fund and direct investment expertise.