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Founded Year

2015

Stage

Series C | Alive

Total Raised

$587M

Valuation

$0000 

Last Raised

$262M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+40 points in the past 30 days

About DriveNets

DriveNets focuses on cloud-native networking infrastructure for the telecommunications sector. The company provides software-based routing solutions and AI networking fabrics that aim to improve the performance and scalability of service providers and hyperscaler networks. DriveNets' products are designed to support AI workloads and manage GPU utilization within network environments. It was founded in 2015 and is based in Ra'anana, Israel.

Headquarters Location

4 HaSheizaf Street

Ra'anana, 4366411,

Israel

+972-9-7444726

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Expert Collections containing DriveNets

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

DriveNets is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,257 items

A

Artificial Intelligence

9,386 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

DriveNets Patents

DriveNets has filed 24 patents.

The 3 most popular patent topics include:

  • computer networking
  • computer network security
  • mpls networking
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/21/2020

10/1/2024

Network protocols, MPLS networking, Tunneling protocols, Computer network security, Computer networking

Grant

Application Date

5/21/2020

Grant Date

10/1/2024

Title

Related Topics

Network protocols, MPLS networking, Tunneling protocols, Computer network security, Computer networking

Status

Grant

Latest DriveNets News

DriveNets and NESIC Join Forces to Expand Disaggregated, Cloud-Native Networking Solutions in Japan

Oct 29, 2024

News provided by Share this article Share toX Companies establish DriveNets' first technical lab in Japan for proof of concept testing, system integration and software evaluation, and troubleshooting RA'ANANA, Israel, Oct. 29, 2024 /PRNewswire/ -- DriveNets – a leader in innovative networking solutions – today announced it is collaborating with NEC Networks & System Integration Corporation (NESIC) to expand the availability of disaggregated cloud-native networking solutions in Japan. Under this new agreement, DriveNets and NESIC will engage with telecommunications operators throughout Japan to support their strategic projects of any size, accelerate rollouts of disaggregated cloud-native networking solutions, and ensure a seamless transition. Disaggregated Network Architecture DriveNets and NESIC will also establish a technical lab within NESIC's lab facilities to perform proofs of concept (PoCs), evaluate software and system integration models, and troubleshoot issues, to deliver excellent customer engagement and support. This partnership is built on the strong commitment DriveNets has to its Japanese customers and the investment it has already made in its Japanese office. The new partnership and lab will give Japanese operators greater choice and flexibility in rolling out innovative cloud-native networking solutions. "Our partnership with NESIC will allow DriveNets to expand our reach and presence in Japan and leverage the growth of network disaggregation among Japanese operators," said Nir Gasko, vice president of Global Strategic Alliances at DriveNets. "Along with access to Network Cloud and other DriveNets solutions, our customers in Japan will benefit from the support and flexibility of working with an excellent local partner and having access to a local lab within the NESIC lab facility. We're excited to work with such a prestigious and trusted partner in Japan." About DriveNets DriveNets is a leader in high-scale disaggregated networking solutions. Founded in 2015, DriveNets modernizes the way service providers, cloud providers and hyperscalers build networks, streamlining network operations, increasing network performance at scale, and improving their economic model. DriveNets' solutions – Network Cloud and Network Cloud-AI – adapt the architectural model of hyperscale cloud to telco-grade networking and support any network use case – from core-to-edge to AI networking – over a shared physical infrastructure of standard white-boxes, radically simplifying the network's operations and offering telco-scale performance and reliability with hyperscale elasticity. DriveNets' solutions are currently deployed in the world's largest networks. Learn more at  www.drivenets.com

DriveNets Frequently Asked Questions (FAQ)

  • When was DriveNets founded?

    DriveNets was founded in 2015.

  • Where is DriveNets's headquarters?

    DriveNets's headquarters is located at 4 HaSheizaf Street, Ra'anana.

  • What is DriveNets's latest funding round?

    DriveNets's latest funding round is Series C.

  • How much did DriveNets raise?

    DriveNets raised a total of $587M.

  • Who are the investors of DriveNets?

    Investors of DriveNets include Bessemer Venture Partners, Pitango Venture Capital, D1 Capital Partners, Atreides Management, Harel Insurance Investments & Financial Services and 9 more.

  • Who are DriveNets's competitors?

    Competitors of DriveNets include Enfabrica and 6 more.

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