OverviewSuggest Edit

DriveNets is a company that creates routing infrastructures for сommunications service provider networks. It offers Network Cloud, a cloud-native software that runs over standard white-boxes and simplifies the network operational model. The solution also provides a routing stack, data-path control, central management capabilities, and interfaces to 3rd party tools through standard northbound interfaces.

TypePrivate
Founded2015
HQRa'anana, IL
Websitedrivenets.com
Employee Ratings4.2

Latest Updates

Employees (est.) (May 2021)272(+4%)
Cybersecurity ratingBMore

Key People/Management at DriveNets

Ido Susan

Ido Susan

CEO and Co-Founder
Hillel Kobrinsky

Hillel Kobrinsky

Chief Strategy Officer and Co-Founder
Avi Wellingstein

Avi Wellingstein

Chief Revenue Officer
Inbar Lasser-Raab

Inbar Lasser-Raab

CMO
Yaron Tchwella

Yaron Tchwella

COO
Mike Lilo

Mike Lilo

CFO
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DriveNets Office Locations

DriveNets has offices in Ra'anana and Red Bank
Ra'anana, IL (HQ)
HaSheizaf St 4
Red Bank, NJ, US
125 Half Mile Rd #200
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DriveNets Financials and Metrics

Summary Metrics

Founding Date

2015

DriveNets total Funding

$325 m

DriveNets latest funding size

$208 m

Time since last funding

4 months ago

DriveNets investors

DriveNets's latest funding round in January 2021 was reported to be $208 m. In total, DriveNets has raised $325 m. DriveNets's latest valuation is reported to be $1 b.
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DriveNets Revenue

Market valuation

1.0b
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DriveNets Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

DriveNets Online and Social Media Presence

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DriveNets News and Updates

DriveNets nabs $208M at a $1B+ valuation for its cloud-based alternative to network routers

People and businesses are relying on the internet to get things done more than ever before, an opportunity but also an infrastructure headache for service providers that need to scale quickly and reliably to meet that demand. Today, a startup that has built a clever, software-based way for them to e…

DriveNets wants software to replace networking hardware, raises $208 million

DriveNets has raised $208 million for its Network Cloud service that replaces networking hardware with software.

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

DriveNets Ltd., a startup developing a software container-based networking platform for carriers, today announced that it has raised $208 million in funding at a valuation exceeding $1 billion.  D1 Capital Partners led the round with participation from Atreides Management as well as returning Drive…

DriveNets and Tellence to Double Bucharest R&D Team

RA'ANANA, Israel and BUCHAREST, Romania, April 7, 2020 /PRNewswire/ -- DriveNets, the webscale networking software company today announced that based on the success of their current Bucharest based team, they will double the team size – growing it from the current 50 to 100 by the end of...

DriveNets Network Cloud Software Is First to Support the Distributed Disaggregated Routing Model Presented at the OCP Regional Summit in Amsterdam

RA'ANANA, Israel, Sept. 27, 2019 /PRNewswire/ -- DriveNets today announced that its Network Cloud is the first solution on the market that supports the distributed disaggregated chassis model for building a scale-out forwarding system, presented this morning at the OCP regional summit in...

DriveNets racks up $117 mln Series A

DriveNets, an Israeli networking software company, has raised $117 million in Series A funding. The investors included Steve Luczo, chairman of the board of Seagate and its former CEO; Mark McLaughlin, former CEO of Palo Alto Networks; John Thompson, chairman of the board of Microsoft and C4 Venture…

DriveNets Blogs

New NCP White Box Excites the Entire Village

The New Jericho2C+ ASIC from Broadcom At first glance, DriveNets Network Cloud seemingly has little to do with hardware products. So why am I excited to write about a new NCP box developed by a hardware ODM that hosts the new Jericho2c+ ASIC from Broadcom, also a hardware vendor? Quite simply, this …

Building a Network Cloud in Four Steps

But how do you choose and build the right network cloud? How is this different than selecting a basic disaggregated routing platform? And what steps are required to build a network cloud? Step 1: Disaggregation (of software and hardware) This is the simplest step, as it is one of the oldest tricks i…

What 5G Catalysts are Driving the 5G Edge Cloud?

Recently, Futuriom published a full analysis, in the report 5G Catalysts: Telco Cloud and Edge Trends, of how the deployment of new 5G networking infrastructure is likely to launch a race for new applications, services, and business models for 5G. The key to its success will be the uptake of new “ed…

Disaggregated Routing and the Multiservice Network Cloud

You could say that the most fundamental notion of IP networking today is that “routers combine to build a network”.  It may be the most limiting notion, too.  There are many different models of routers, many different configurations.  Some services require special software versions for the router op…

Turn The Network Into a Profit Center by Building Networks Like Cloud

“When we say we build networks like clouds, what does this mean? From the architectural or engineering standpoint, cloud is decoupling software and hardware,” I offered this insight recently in a discussion with analyst Zeus Kerravala in his latest ZKast video interview done in conjunction with eWee…

Monolithic Architectures Inefficiency are Resource Utilization Walls

The old rule of a “single service router” typifies much of today’s network architecture. This means that each service, whether a mobile backhaul, provider edge, business service, internet peering or core network, is tightly coupled with its own batch of dedicated chassis-based routers, for connectiv…
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DriveNets Frequently Asked Questions

  • When was DriveNets founded?

    DriveNets was founded in 2015.

  • Who are DriveNets key executives?

    DriveNets's key executives are Ido Susan, Hillel Kobrinsky and Avi Wellingstein.

  • How many employees does DriveNets have?

    DriveNets has 272 employees.

  • Who are DriveNets competitors?

    Competitors of DriveNets include Hadean, Vamp.io and Nylas.

  • Where is DriveNets headquarters?

    DriveNets headquarters is located at HaSheizaf St 4, Ra'anana.

  • Where are DriveNets offices?

    DriveNets has offices in Ra'anana and Red Bank.

  • How many offices does DriveNets have?

    DriveNets has 2 offices.