Drivenets Overview
- Year Founded
-
2015
- Status
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Private
- Employees
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550
- Latest Deal Type
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2ndary - Private
- (Upcoming)
- Investors
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19
Drivenets General Information
Description
Developer of a cloud-based networking software designed to facilitate large-scale network modernization and AI infrastructure. The company's platform offers a software-based, cloud-native routing system built on a shared infrastructure of standard networking white boxes and specializes in AI networking to support workloads, enabling telecommunication companies and data centers to achieve enhanced agility, reduced operational expenses, and optimized performance for demanding applications.
Contact Information
Website
www.drivenets.comCorporate Office
- 1 Zarhin Street
- Ra'anana 4366229
- Israel
Corporate Office
- 1 Zarhin Street
- Ra'anana 4366229
- Israel
Drivenets Timeline
Drivenets Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Secondary Transaction - Private | Upcoming | Profitable | ||||
| 5. Later Stage VC (Series D) | 01-Jun-2026 | Completed | Profitable | |||
| 4. Secondary Transaction - Private | 16-Jul-2025 | Completed | Profitable | |||
| 3. Later Stage VC (Series C) | 23-Mar-2022 | Completed | Profitable | |||
| 2. Later Stage VC (Series B) | 20-Jan-2021 | $209M | $326M | Completed | Profitable | |
| 1. Early Stage VC (Series A) | 14-Feb-2019 | $118M | $118M | Completed | Profitable |
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% |
VC Exit Predictor
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Drivenets Comparisons
Industry
Financing
Details
Drivenets Competitors (94)
One of Drivenets’s 94 competitors is Zenlayer, a Venture Capital-Backed company based in Diamond Bar, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zenlayer | Venture Capital-Backed | Diamond Bar, CA | ||||
| Arrcus | Venture Capital-Backed | San Jose, CA | ||||
| BMC Software | Private Equity-Backed | Houston, TX | ||||
| VMware | Formerly VC-backed | Palo Alto, 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 | Inactive | 19-Dec-2022 | ||
| EP-4635141-A1 | High speed event handling mechanism in a distributed system | Pending | 18-Dec-2022 | ||
| EP-4635141-A4 | High speed event handling mechanism in a distributed system | Pending | 18-Dec-2022 | ||
| WO-2024134639-A1 | High speed event handling mechanism in a distributed system | Inactive | 18-Dec-2022 | ||
| US-20250225056-A1 | System and method for hybrid observability of highly distributed systems | Pending | 05-Apr-2022 | G06F11/3612 |
Drivenets Signals
Drivenets Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advanced Micro Devices | Corporation | Minority | ||
| AMD Ventures | Corporate Venture Capital | Minority | ||
| iAngels | Venture Capital | Minority | ||
| Red Dot Capital Partners | Venture Capital | Minority | ||
| AT&T | Corporation | Minority |
Drivenets FAQs
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When was Drivenets founded?
Drivenets was founded in 2015.
-
Where is Drivenets headquartered?
Drivenets is headquartered in Ra'anana, Israel.
-
What is the size of Drivenets?
Drivenets has 550 total employees.
-
What industry is Drivenets in?
Drivenets’s primary industry is Systems and Information Management.
-
Is Drivenets a private or public company?
Drivenets is a Private company.
-
What is Drivenets’s current revenue?
The current revenue for Drivenets is .
-
How much funding has Drivenets raised over time?
Drivenets has raised $998M.
-
Who are Drivenets’s investors?
Advanced Micro Devices, AMD Ventures, iAngels, Red Dot Capital Partners, and AT&T are 5 of 19 investors who have invested in Drivenets.
-
Who are Drivenets’s competitors?
Zenlayer, Arrcus, BMC Software, VMware, and Versa Networks are some of the 94 competitors of Drivenets.
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