# Mitel Mobility

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mitel-mobility

- Industry: Telecoms
- Headquarters: Richardson, US
- Total disclosed funding: $105M
- Latest round: Series E (May 30, 2011)
- Investors on record: 7

## About

Based in the US, Mitel Mobility, Inc., aka Mitel Mobile operates as a software-based telecommunications networking provider focused on internet protocol (IP)-based voice, video, rich communications and enhanced messaging services to clients.

In 2017, Xura, Inc, a portfolio company of Siris Capital and Cohesive Capital Partners, agreed to acquire Mitel Mobility, Inc., a division of Mitel Networks Corporation for USD 350 million in cash, along with a USD 35 million non-interest bearing promissory note and equity interest in Siris Capital to merged along with Ranzure Networks and  form Mavenir Systems.

## Funding rounds

- Series E, May 30, 2011, $40M — Alloy Ventures, Austin Ventures, Greenspring Associates, North Bridge Venture Partners, August Capital, Cross Creek
- Series D, Jun 28, 2010, $14M — Alloy Ventures, Austin Ventures, Greenspring Associates, North Bridge Venture Partners, Cisco Systems
- Series C, Dec 17, 2008, $18M — Alloy Ventures, Austin Ventures, North Bridge Venture Partners
- Series B, May 1, 2007, $21M — Alloy Ventures, Austin Ventures, North Bridge Venture Partners
- Series A, May 10, 2006, $13M — Austin Ventures, North Bridge Venture Partners

## Investors

- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series A, Series B, Series C, Series D, Series E
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series A, Series B, Series C, Series D, Series E
- Alloy Ventures (https://capitalatlas.ai/funds/alloy-ventures) — Series B, Series C, Series D, Series E
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series D, Series E
- Cisco Systems — Series D
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series E
- Cross Creek (https://capitalatlas.ai/funds/cross-creek) — Series E