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
RoundDateAmountInvestorsSource
Venture round Jun 2026 $410M — SCM
Series C Aug 2022 $262M — SiliconANGLE
Series B Jan 2021 $208M — TelecomTV
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Overview

DriveNets is a leader in large-scale networking solutions for AI infrastructure and service providers, powering production networks for global tier-1 operators.

News

News AMD 3 months ago
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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News TelecomTV 3 months ago
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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News DCDNoticias 3 months ago
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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News DCDNoticias 3 months ago
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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News futuriom 3 months ago
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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News TelecomTV 4 months ago
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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News DCDNoticias 4 months ago
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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News SCM 4 months ago
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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News Globes 4 months ago
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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News Network World 1 year ago
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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Financials

Total raised
$880M
Latest round
Venture - Series Unknown
Funding rounds
3
Funding rounds
Round Announced Amount Valuation
Venture - Series Unknown 2026 $410M — Details
Series C 2022 $262M — Details
Series B 2021 $208M $1B Details