DriveNets is a networking company that provides software-based routing solutions.
DriveNets is a fast-growing IP networking software company that revolutionizes Communications Service Provider (CSP) networks by disaggregating the network infrastructure from core to edge, similar to the way hyperscalers have disaggregated the cloud. DriveNets Network Cloud is an open distributed disaggregated networking solution based on cloud-native software and standard networking white boxes.The company was founded in 2015 by Ido Susan and Hillel.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 17, 2022 | Series C | $262M | 6 | D2 Investments | — | Detail |
Jan 27, 2021 | Series B | $208M | 4 | D1 Capital Partners | — | Detail |
Jul 8, 2019 | Series A | $7M | 5 | John Thompson Mark McLaughlin Stephen Luczo | — | Detail |
Feb 14, 2019 | Series A | $110M | 3 | Bessemer Venture Partners Pitango VC | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
D2 Investments | Yes | Series C |
John Thompson | Yes | Series A |
Mark McLaughlin | Yes | Series A |
Stephen Luczo | Yes | Series A |
Atreides Management | — | Series C |
Bessemer Venture Partners | — | Series C |
D1 Capital Partners | — | Series C |
Harel Insurance Investments and Financial Services | — | Series C |
Pitango VC | — | Series C |
C4 Ventures | — | Series A |