Media Coverage

DriveNets — which provides software-based routing solutions to service providers that run them as virtualized services over “white box” generic architecture — has closed $208 million in funding, a Series B that values the company at over $1 billion post-money. Before this round, DriveNets had already counted AT&T among its customers, a major vote of confidence for the company and its virtual network approach, but it seems that recent circumstances and the spike in internet activity have brought more providers to consider its approach.