Latest DriveNets News & Updates

See the latest news and media coverage for DriveNets. We track all announcements, press releases, and industry mentions in real time, all in one place.

DriveNets

Full-stack AI networking fabric

drivenets.com

Headquarters: Raanana, Israel
Founded year: 2015
Company type: Private company
Number of employees: 500–1,000

Last updated Today

Latest news about DriveNets

In short: DriveNets secured $410M in Series D funding and reached $1B in bookings as it expanded its AI fabric and disaggregated networking deployments.

Company announcements

June 2 DriveNets

DriveNets secured $410M in Series D funding

The funding will scale open Ethernet fabrics for AI clusters, addressing networking bottlenecks.

June 1 DriveNets

DriveNets Exhibits at Interop 26 Tokyo

Announces sessions, commercial operation with KDDI, and $410 million Series D funding

January 20 DriveNets

DriveNets reached $1B bookings and cash-flow positive in 2025

The company won large AI networking projects, signed strategic agreements with top AI players, and demonstrated the highest-performance Ethernet-based AI fabric.

29 April 2025 DriveNets

DriveNets introduces hitless upgrade with no-maintenance window capability

The upgrade uses NMW and smart rollout to achieve less than 1 second traffic disruption, demonstrated at MWC 2025.

Media coverage

June 2 Reuters

DriveNets secures $410 million in latest funding round, AMD joins as investor | Reuters

DriveNets, an Israeli networking software firm, said it has raised $410 million in its latest funding round led by Bessemer Venture Partners ‌and Atreides Management...

16 July 2025 The Jerusalem Post

AT&T buys 15% stake in DriveNets | The Jerusalem Post

he value of the deal is estimated at $750-800 million, giving the network infrastructure company a valuation of $5 billion...

10 June 2025 Computer Weekly

KDDI, DriveNets team to accelerate open network architecture

KDDI Corporation and DriveNets have forged a strategic partnership aimed at accelerating the adoption of open network architecture. The agreement aims to ensure the separation...

21 January 2025 Computer Weekly

DriveNets, Fujitsu, UfiSpace join forces to support optical net development

High-performance optical components supplier Fujitsu Optical Components (FOC) ZR/ZR+ modules, white box switch/router solution provider UfiSpace and networking solutions company DriveNets have announced the completion...

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