Media Coverage

2022 Review: Cloud Tech Chaos

Media CoverageDecember 30, 2022

2022 Review: Cloud Tech Chaos

DriveNets scored $262 million. Despite rising macroeconomic challenges, DriveNets in August secured one of the biggest funding rounds of the year, bringing its total raised to $587 million and pushing its valuation north of $1 billion. DriveNets offers a Network Cloud software stack that runs on white-box hardware and is controlled with Network Orchestrator software based on microservices. The goal is to let telcos cloudify their network functions and hyperscalers add multicloud capabilities.

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