Media Coverage

DriveNets reels in $208M for its container-based carrier networking platform

Media CoverageJanuary 27, 2021

DriveNets reels in $208M for its container-based carrier networking platform

Israel-based DriveNets announced on Wednesday that it has snagged $208 million in a Series B funding round to bring its valuation to over $1 billion. The latest funding round is further proof that DriveNets’ approach for disaggregating network architectures is finding increased traction with service providers and cloud providers.

D1 Capital Partners led the round with participation from Atreides Management as well as returning DriveNets backers Bessemer and Pitango.

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