Affirmed Networks specializes in virtualized and cloud-native network solutions that enable mobile network operators to create, monetize and deliver 5G-styled services. Its flagship product is a fully virtualized and cloud-native Evolved Packet Core (EPC) platform, deployed in many of the world’s largest MNOs and used in multiple operator trials, including 5G trials in several countries. The company is led by President and CEO Dr. Hassan Ahmed and is based in Acton, MA. Affirmed currently has more than 100 customers worldwide, including many Tier 1 and Tier 2 mobile service providers. It intends to use the newly raised funds to continue investing in new products and to grow its customer base around the globe. The company raised $38M in its latest funding. Affirmed Networks builds virtualized network function and service orchestration solutions to modernize how mobile networks are architected, deployed, and monetized. Its commercially available products include the Affirmed Mobile Content Cloud, the AN3000, and the Acuitas Service Management System. The company says its offerings bundle gateway functionality with application and content-delivery services to enable high performance, scalability, resiliency, and new monetization paths for operators. Demand from operators spurred the company’s recent financing and positions it to support multiple deployments and numerous trials worldwide while expanding its carrier-grade virtualization solutions. Affirmed has created a global workforce across the U.S., U.K., Canada, Germany, Switzerland, Netherlands, France, Slovenia, Dubai, Japan, and South Korea. The company was founded in April 2010 and is based in Acton, Mass. Affirmed Networks is a stealth-mode company focused on developing new technologies for the wireless industry. The firm is based in Acton in the Boston area. According to a company filing with the Securities and Exchange Commission, Affirmed Networks has raised $1.4 million. The funding was provided by Matrix Partners and Highland Capital. The company has not disclosed product details or operating metrics in the filing.

Total raised

$90M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2019