Company Overview
Snapshot
Founded in December 2015 by Ido Susan and Hillel Kobrinsky, DriveNets is a private company with 201–500 employees. The company has raised $997 million across 6 funding rounds from 16 investors, with Bessemer Venture Partners as a notable lead investor. In October 2025, AT&T acquired a 15% stake in DriveNets from existing shareholders, valuing the company at $5 billion.
Business overview
DriveNets is a software company that provides cloud-native networking solutions, enabling communications service providers and cloud providers to build networks like clouds. Its core offering, DriveNets Network Cloud, virtualizes network and compute resources, allowing for efficient scaling of network capacity using standard white-box hardware. This disaggregated network model supports multiple networks and services over a single physical infrastructure, facilitating faster service innovation at the network edge. DriveNets operates within the Business Software sector, focusing on IT & Network Management and Data Architecture, and serves communication services, particularly in broadband networks and NGN, with a core technology in 5G communications.
Strategic signal
In May 2026, DriveNets announced that its Fabric Scheduled Ethernet (FSE) solution for high-performance AI networking will be an option on the Dell AI Factory. This development is significant as it positions DriveNets' AI networking capabilities within a major AI infrastructure ecosystem, indicating strong market validation and potential for broader adoption. For investors, this signals DriveNets' strategic alignment with leading hardware providers and its increasing relevance in the rapidly expanding AI infrastructure market, suggesting a positive trajectory for growth and market penetration.
Log in to access full profile ›Company Intelligence Q&A
- What was the latest funding event for DriveNets?
- Bessemer Venture Partners and Atreides Management led the round.
- What was the valuation of DriveNets in its October 2025 secondary round?
- In October 2025, DriveNets was valued at $5 billion following a secondary round where AT&T acquired a 15% stake from existing shareholders, including Pitango and Bessemer Venture Partners.
- What strategic partnership did DriveNets announce in May 2025?
- In May 2025, DriveNets partnered with KDDI Corporation, a major Japanese telecommunications provider, to implement an open network architecture using DriveNets Network Cloud software. This collaboration aims to enhance KDDI's network scalability and efficiency, with commercial operations expected by the end of 2025.
- What was the outcome of DriveNets' trial with Orange in February 2025?
- In February 2025, DriveNets successfully completed a commercial trial and deployment of its Network Cloud solution on Orange's live international IP network. This marked a significant step in Orange's transition to a software-based disaggregated network, demonstrating the operational maturity of network disaggregation.
- What was the focus of DriveNets' collaboration with Accton Technology in October 2024?
- In October 2024, DriveNets and Accton Technology launched new white boxes based on Broadcom's Jericho-3-AI and Ramon-3 ASICs for AI networking. This collaboration aims to provide a scalable and high-performance solution for AI and ML clusters, supporting up to 32,000 GPUs with 800Gbps interfaces.