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Overview
News
Salaries
Products
People
Growth
Offices
Financials
Funding and backers
Total raised
$880M
3 rounds on record
Latest round
$410M
Venture round · Jun 2026 · 4 mo ago
Team
51-200
employees, estimated range
Backers
2
Bessemer Venture Partners, C4 Ventures
The money's age
Fresh money
4 months since the last round · not hiring
Momentum
35/100
in the news, fresh money
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jul 2
Launched DriveNets unveils high-capacity AI fabric platforms to connect thousands of XPUs · DCDNoticias
Jun 1
Raised a round Venture round $410M · SCM
Aug 17, 2022
Raised a round Series C $262M · SiliconANGLE
Jan 27, 2021
Raised a round Series B $208M · TelecomTV
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Jun 2026 | $410M | — | SCM |
| Series C | Aug 2022 | $262M | — | SiliconANGLE |
| Series B | Jan 2021 | $208M | — | TelecomTV |
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News
DriveNets Advances Open Backend Networking for AI with AMD
DriveNets worked with AMD to deliver an open, full stack backend networking solution for AI advanced by AMD Instinct MI350 Series GPUs.
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What's up with… Iliad's Scaleway, Drivenets, A1
Iliad's Scaleway buys an energy-efficient HPC specialistDriveNets boasts scale-across AI networking breakthroughAustria's A1 uses its network as 'distributed s…
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Report
DriveNets joins scale-across space with 50-mile distributed GPU supercluster network
Cell-based load balancing and deep-buffer interconnect used to reduce congestion caused by AI traffic bursts
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Report
DriveNets unveils high-capacity AI fabric platforms to connect thousands of XPUs
Broadcom silicon powers 1.6T offering aiming to reduce network latency for AI workloads
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Report
DriveNets Intros New High-Speed AI Switches
DriveNets has expanded its AI Fabric series with 102.4-Tb/s liquid- and air-cooled platforms
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Report
DriveNets raises $410m to tackle AI networking bottlenecks
Virtual data networking specialist DriveNets has already proven itself in major telco networksNow it has its eye on the burgeoning AI factory networking opport…
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AI networking challenger DriveNets secures $410M to propel heterogeneous infra
Strategic backing from AMD sees vendor vying to scale AI fabric inventory and expand solutions designed to maximize utilization
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Report
DriveNets raises $410M more
DriveNets said it has wrapped a $410 million Series D round that pushes its total raise beyond $1 billion. #pressrelease
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Report
Networking solutions co DriveNets scores $8.5b valuation
"Globes" has learned that DriveNets is raising $410 million in a round that makes it Israel's second most valuable privately-held company.
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Report
DriveNets extends AI networking fabric with multi-site capabilities for distributed GPU clusters
DriveNets enhances its Network Cloud-AI platform with multi-tenancy and multi-site features for GPU clusters spanning up to 80km apart, solving power constraints with cell-based fabric architecture.
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Bessemer Venture Partners
C4 Ventures 




