DriveNets

DriveNets

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Organization

Contact Information

Overview

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.

About

Industries

Software, Cloud Data Services, Cloud Infrastructure, Network Hardware

Founded

2015

Employees

251-500

Headquarters locations

Asia

Social

N/A

Profile Resume

DriveNets headquartered in Asia, operates in the Software, Cloud Data Services, Cloud Infrastructure, Network Hardware sector. The company focuses on Software and has secured $37.6B in funding across 64 round(s). With a team of 251-500 employees, DriveNets is actively contributing to advancements in Software. Their latest funding round, Series C - DriveNets, raised $262.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace William Charnock

William Charnock

VP Infrastructure Engineering

imagePlace Ryan Landry

Ryan Landry

VP Infrastructure Operations

imagePlace Anthony Cioffi

Anthony Cioffi

Executive Vice President Sales, Americas

imagePlace Mike Lilo

Mike Lilo

CFO

imagePlace Hillel Kobrinsky

Hillel Kobrinsky

Co-Founder & Chief Strategy Officer

imagePlace Ido Susan

Ido Susan

Co-Founder & CEO

Funding Rounds

Funding rounds

4

Investors

6

Lead Investors

0

Total Funding Amount

$587.0M

Details

4

DriveNets has raised a total of $587.0M in funding over 4 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2019Early Stage Venture110.0M
2019Early Stage Venture7.0M
2021Early Stage Venture208.0M
2022Late Stage Venture262.0M

Investors

DriveNets is funded by 32 investors.

Investor NameLead InvestorFunding RoundPartners
DriveNets-FUNDING ROUND - DriveNets262.0M
Harel Insurance and Financial-FUNDING ROUND - Harel Insurance and Financial262.0M
DriveNets-FUNDING ROUND - DriveNets262.0M
D2 Investments-FUNDING ROUND - D2 Investments262.0M

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