News & Publications

WilmerHale Advises Affirmed Networks in Obtaining Series E Financing

  • 3.5.2019

Affirmed Networks, a virtualized mobile networks company, announced it has raised $38 million in its latest round of funding. This strategic round of funding is led by Centerview Capital Technology and includes wireless industry leader Qualcomm Ventures LLC, Eastward Capital Partners and Affirmed Networks’ largest existing investors.

The latest round of funding comes at a time when Affirmed is experiencing significant customer growth. Affirmed, currently has more than 100 customers around the world, including many Tier 1 and Tier 2 mobile service providers. The new funding will help Affirmed on its market momentum and bring its network transformation capabilities into more regions around the globe.

The WilmerHale team representing Affirmed Networks included Mark Borden and Hillary Baker Jennings.