DriveNets

Valuation $2B

About DriveNets

DriveNets is a networking company that provides software-based routing solutions.
Headquarters DriveNets, Ra’anana
Founded 2015-12-01
Industry Cloud Data Services, Cloud Infrastructure, Network Hardware, Software
Last Funding Type Series C
Valuation 2
Total Funding $587.00 million dollars
IPO Status Private

Financial

DriveNets may be growing as evidenced by the adoption of its Network Cloud solution by Cisco's Acacia. This adoption by a significant player in the networking industry suggests an expansion of DriveNets' market presence and could potentially lead to increased revenue streams. Furthermore, the partnership with a well-established company like Cisco indicates a level of trust and validation for DriveNets' technology, which may enhance its reputation and lead to further business opportunities.

DriveNets and Infinera have successfully completed testing and certification of Infinera's ICE-X ZR/ZR+ modules in combination with DriveNets Network cloud solutions, marking a significant advancement in networking technology.
Funding Rounds 4
Number of Lead Investors 7
Total Funding Amount  $587.00 million dollars
Number of Investors 12

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John Thompson
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