DriveNets

Cloud-native Networking Solutions

Business Software
Active
Series C Ra'anana Founded 2015
Total raised
$587.0M
Last: Secondary 2025-07
Stage
Series C
Founded
2015
Headcount
455
HQ
Ra'anana
Sector
Business Software

About

DriveNets is a software company that builds networks like clouds. It offers communications service providers and cloud providers a radical new way to build networks, detaching network growth from network cost and increasing network profitability.

DriveNets Network Cloud uniquely supports the complete virtualization of network and compute resources, enabling communication service providers and cloud providers to meet increasing service demands much more efficiently than with today’s monolithic routers. DriveNets’ software runs over standard white-box hardware and can easily scale network capacity by adding additional white boxes into physical network clusters. This unique disaggregated network model enables the physical infrastructure to operate as a shared resource that supports multiple networks and services. This unique network design also allows faster service innovation at the network edge, supporting multiple service payloads, including latency-sensitive ones, over a single physical network edge.s.

DriveNets was named one of the "Cool Vendors in Communications Service Provider Network Operations, 2020" by the Gartner Research Group.

Funding history · 5 rounds · $587.0M total

2025-07
Secondary $650.0M
2022-08
Series C $262.0M
2021-01
Series B $208.0M
2019-07
Series A $7.0M
2019-02
Series A $110.0M

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData ArchitectureIT & Network Management
Technologies
Communications5G
Target customers
Communication ServicesBroadband Networks & NGN
Business model
B2B

Highlights

Verified

Tags

unicorn-2021cloudnetwork-optimizationtelecommunication-equipmentnetwork-managementsdnvirtualizationtelecommunication5g-networks