Affirmed Networks has raised $38.0 million in a recent funding round, securing capital to advance its position in the mobile core network market. The company delivers a fully virtualized, cloud-native mobile core solution, enabling operators to transform the economics of deploying and scaling 3G, 4G, 5G, and Wi-Fi mobile services.
Deployed in over 85 networks worldwide, including Tier 1 operators such as AT&T, Vodafone, and Softbank, Affirmed Networks' webscale solutions are built on a microservices architecture. Its 5G Mobile Core offers capabilities like 5G NR, CUPS, network slicing, integrated virtual probes, and optimized IoT access, allowing operators to rapidly create and deliver new services and improve customer experience. The solution couples industry-leading performance and scale with unbound service agility.
This significant capital infusion underscores investor confidence in Affirmed Networks' technology and its role in the evolving telecommunications landscape. The company plans to strategically deploy the $38.0 million to fuel its growth initiatives. This includes further investment in research and development to enhance its industry-leading 5G mobile core capabilities and expand its global market presence.
The funding will also support Affirmed Networks' comprehensive approach to Network Function Virtualization (NFV), ensuring operators can smoothly and profitably implement virtualization efforts. By focusing on both technology and operational processes, the company aims to help its customers economically scale networks and leverage advanced 5G features today.
Looking ahead, Affirmed Networks is positioned to continue its trajectory of innovation, supporting mobile operators worldwide in delivering differentiated services tailored to specific use cases, from consumer to IoT and MVNO, and improving overall network agility and performance.
