DriveNets
Latest round
- Series D
Last raised
- Jun 2026
Total raised
- $997M
Investors
- 9
About DriveNets
Based in Ra'anana, Israel, founded in 2015, DriveNets specializes in cloud-native networking solutions that enhance telecommunications infrastructures. The company was co-founded by Ido Susan (CEO as of 2026) and Hillel Kobrinsky. In June 2026, DriveNets Ltd.5 billion post-money. DriveNets specializes in providing a software-based, cloud-native routing solution designed for core, aggregation, peering, and edge networks. Their primary product, known as DriveNets Network Cloud, operates on a shared infrastructure comprising standard networking white boxes, allowing for enhanced scalability and performance. This Ethernet-based AI networking solution is engineered to support high-performance AI workloads at scale, maximizing GPU utilization and minimizing job completion times. DriveNets serves a diverse client base, including major telecommunications companies and service providers across North America, Europe, and Asia. DriveNets generates revenue through strategic partnerships and subscription-based services, which facilitate the deployment and management of its cloud-native networking solutions. The company's business model predominantly centers around B2B transactions, where telecommunications firms license DriveNets' technology to modernize their network architectures. Clients typically enter into multi-year contracts, enabling them to leverage DriveNets' flagship products while benefiting from ongoing support and updates. The flexible revenue model is designed to cater to the dynamic requirements of their clients in the telecommunications industry.
Who invested in DriveNets
9 investors across 5 rounds
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Questions about DriveNets
Who invested in DriveNets?
DriveNets has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DriveNets raised?
DriveNets has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did DriveNets last raise money?
DriveNets's most recent round on record is a Series D, in Jun 2026.
What does DriveNets do?
Based in Ra'anana, Israel, founded in 2015, DriveNets specializes in cloud-native networking solutions that enhance telecommunications infrastructures.
Where is DriveNets headquartered?
DriveNets is headquartered in Raanana, Israel.
Which VCs invest in companies like DriveNets?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at DriveNets's stage. Their profiles are linked below.
VCs backing software startups at Series D
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