28 October but stated that it would keep market conditions under review in the following months. Company timeline 2005: Mavenir Systems founded 2008: Mavenir Systems completes round of funding for $17.5 million 2010: Mavenir Systems completes a round of funding round for $13.5 million backed by Alloy Ventures, Austin Ventures and North Bridge Venture Partners 2011: Mavenir Systems completes round of funding for $40 million backed by August Capital and including existing investors Alloy Ventures, Austin Ventures, North Bridge Venture Partners and Greenspring Associates 2011: Mavenir Systems acquired Airwide Solutions, a messaging specialist, for $40 million 2013: Mavenir Systems IPO (NYSE) under ticker MVNR, raising $44.5 million 2014: acquired security gateway vendor Stoke for $2.9 million plus $1.9 million of debt 2015: acquired signalling vendor Ulticom for $20 million 2015: acquired by Mitel Networks Corporation for $560 million 2016: rebranded by Mitel to Mitel Mobile, then sold to Xura (for $350 million) 2016: Pardeep Kohli and Ashok Khuntia founded Ranzure to disrupt the Radio Access Network market through cloud-based virtualisation. Ranzure raises $13 million in Series A funding. 2016: Xura acquired Ranzure 2017: Siris merges Xura, Ranzure and Mitel Mobile and rebrands as Mavenir 2017: Brocade vEPCc acquisition 2018: acquired Aquto 2018: acquired Argyle Data 2020: acquired ip.access 2020: IPO postponed due to market volatility CEO Mavenir’s President and Chief Executive Officer is Pardeep Kohli who has been associated with several of the ventures that make up the company today. He has been in his current post since December 2016 and was previously CEO of Xura, which he joined after it acquired Ranzure, a company that Kohli had founded earlier that year. Before Ranzure, Kohli had been President and CEO of Mavenir Systems, Inc, guiding it through its IPO in November 2013, and subsequent acquisition by Mitel Networks Corporation in 2015. Prior to Mavenir Systems, Pardeep was Co-Founder, President and CEO of Spatial Wireless, which was acquired by Alcatel in 2004 Deployments Customers The company says it has 250+ operator customers in 120 countries, including 17 of the top 20 largest operators. Known examples include: 2012 – MetroPCS - VoLTE solution to support what was claimed to be a world's first 2014 – T-Hrvatski Telekom - IMS HSS-FE 2015 – T-Mobile USA - RCS 2017 – Sprint – NFV Cloud Deployment 2018 – Telefonica Germany – Virtualised IMS for VoLTE and VoWiFi 2019 – Verizon – cloud core 2019 –