Mavenir, a Richardson, TX-based cloud-native network infrastructure provider, secured up to $75M in investment.

The funding came from undisclosed existing investors.

The company aims to utilize the funds to further its end-to-end 5G transformation strategy.

Led by CEO Pardeep Kohli, Mavenir specializes in AI-enabled, cloud-native network solutions that support the advancement of 5G and the creation of intelligent, automated networks.

As a key player in the Open RAN sector, Mavenir is driving software network transformation for over 300 communication service providers in 120+ countries.