Drivenets Overview
- Year Founded
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2015
- Status
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Private
- Employees
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341
- Latest Deal Type
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Series C
- Latest Deal Amount
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$262M
- Investors
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15
Drivenets General Information
Description
Developer of cloud-based software designed to facilitate networking and communication in the cloud. The company's software offers communications service providers and cloud providers a comprehensive way to build networks, detaching network growth from network cost and increasing network profitability, enabling businesses to reduce complexity, facilitate automated operations, and accelerate innovation with on-demand infrastructure.
Contact Information
Website
www.drivenets.comCorporate Office
- 4 HaSheizaf Street
- Ra'anana 4366411
- Israel
Corporate Office
- 4 HaSheizaf Street
- Ra'anana 4366411
- Israel
Drivenets Timeline
Drivenets Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Later Stage VC (Series C) | 23-Mar-2022 | $262M | Completed | Generating Revenue | ||
2. Later Stage VC (Series B) | 20-Jan-2021 | Completed | Generating Revenue | |||
1. Early Stage VC (Series A) | 14-Feb-2019 | $118M | $118M | Completed | Generating Revenue |
Drivenets Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preferred C | ||||||||
Preferred B | ||||||||
Preferred A | 128,971,100 | $0.91 | $0.91 | 1x | $0.91 | 14.92% |
Drivenets Comparisons
Industry
Financing
Details
Drivenets Competitors (99)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Skybox Security | Private Equity-Backed | San Jose, CA | ||||
NetScout Systems | Formerly PE-Backed | Westford, MA | ||||
Zenlayer | Venture Capital-Backed | Diamond Bar, CA | ||||
Juniper Networks | Formerly VC-backed | Sunnyvale, CA | ||||
Versa Networks | Venture Capital-Backed | Santa Clara, CA |
Drivenets Patents
Drivenets Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240205288-A1 | High speed event handling mechanism in a distributed system | Pending | 19-Dec-2022 | ||
US-20220231947-A1 | Method for implementing a consistent hashing in a communication network | Active | 19-Jan-2021 | ||
JP-2022111013-A | Method for implementing consistent hashing in communication network | Pending | 19-Jan-2021 | ||
US-11496395-B2 | Method for implementing a consistent hashing in a communication network | Active | 19-Jan-2021 | ||
EP-4030702-A1 | A method for implementing a consistent hashing in a communication network | Pending | 19-Jan-2021 | H04L45/7453 |
Drivenets Executive Team (11)
Name | Title | Board Seat |
---|---|---|
Ido Susan | Co-Founder, Chief Executive Officer & Board Member | |
Michael Lilo | Chief Financial Officer | |
Ryan Donnelly | Chief Operating Officer | |
Hillel Kobrinsky | Co-Founder & Chief Strategy Officer | |
Inbar Lasser-Raab | Chief Marketing and Product Officer |
Drivenets Board Members (4)
Name | Representing | Role | Since |
---|---|---|---|
Aaron Mankovski | Pitango Venture Capital | Board Member | |
Ido Susan | Drivenets | Co-Founder, Chief Executive Officer & Board Member | |
Jeremy Levine | Self | Board Member | |
Stephen Luczo | Self | Board Member |
Drivenets Signals
Drivenets Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
D2 Investments | Venture Capital | Minority | ||
Human Capital Development | Impact Investing | Minority | ||
Atreides Management | Hedge Fund | Minority | ||
D1 Capital Partners | Hedge Fund | Minority | ||
Harel Insurance Investments & Financial Services | Corporation | Minority |
Drivenets FAQs
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When was Drivenets founded?
Drivenets was founded in 2015.
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Who is the founder of Drivenets?
Ido Susan and Hillel Kobrinsky are the founders of Drivenets.
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Who is the CEO of Drivenets?
Ido Susan is the CEO of Drivenets.
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Where is Drivenets headquartered?
Drivenets is headquartered in Ra'anana, Israel.
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What is the size of Drivenets?
Drivenets has 341 total employees.
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What industry is Drivenets in?
Drivenets’s primary industry is Systems and Information Management.
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Is Drivenets a private or public company?
Drivenets is a Private company.
-
What is the current valuation of Drivenets?
The current valuation of Drivenets is
. -
What is Drivenets’s current revenue?
The current revenue for Drivenets is
. -
How much funding has Drivenets raised over time?
Drivenets has raised $588M.
-
Who are Drivenets’s investors?
D2 Investments, Human Capital Development, Atreides Management, D1 Capital Partners, and Harel Insurance Investments & Financial Services are 5 of 15 investors who have invested in Drivenets.
-
Who are Drivenets’s competitors?
Skybox Security, NetScout Systems, Zenlayer, Juniper Networks, and Versa Networks are some of the 99 competitors of Drivenets.
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