Media Coverage

DriveNets secures $262 million Series C at over $2.5 billion valuation

Media CoverageAugust 17, 2022

DriveNets secures $262 million Series C at over $2.5 billion valuation

DriveNets, which develops cloud-native networking solutions, announced on Wednesday that it has secured $262 million in a Series C funding round, considerably increasing the company’s valuation over its January 2021 Series B round. The company didn’t reveal its exact valuation, but Calcalist has learned that it is over $2.5 billion.

The round was led by D2 Investments with the participation of DriveNets’ current investors, including Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, and Harel Insurance Investments & Financial Services.

Read More…

to our newsletter

Sign up to get the latest news and insights.

Why We Are a Cool Vendor for Cloud and Service Providers

Being named a Gartner Cool Vendor is a tremendous vote of confidence for us.  It brings...

Read more
Running Networks and the Coronavirus

Like most companies nowadays, many of DriveNets’ employees are now working from home, to minimize their...

Read more
What Technical Benefits Lead us to Invent a Distributed NOS

In my recent blog post, I explored the challenges we faced in developing our own fully...

Read more