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DriveNets raises $410 million in Series D funding, leading to a valuation of $8.5 billion. The investment, led by Bessemer Venture Partners and Atreides Management, will expand its AI infrastructure business.

PRIVATEJun 01, 2026•8 days ago

Amount Raised

$410 Million

Round Type

series d

Information TechnologyHardwareSoftwareSaasEnterprise SoftwareCloud InfrastructureVoipCloud Computinginformation technology & services

Investors

Red Dot Capital PartnersAmdD1 Capital PartnersPitangoAtreides ManagementBessemer Venture Partners

Description

Communications company DriveNets has raised $410 million in a fourth funding round at a valuation of $8.5 billion. The new investment will support the expansion of DriveNets’ AI infrastructure business and increase platform capacity. It aims to meet growing demand expected in 2026 and 2027. DriveNets is also exploring a potential secondary transaction later this year.

Company Information

Company

DriveNets

Location

Half Mile Road

About

DriveNets is a leader in cloud-native networking software and network disaggregation solutions. Founded in 2015 and based in Israel, DriveNets offers communications service providers (CSPs) and cloud providers a radical new way to build networks, substantially growing their profitability by changing their technological and economic models. DriveNets' solution – Network Cloud – adapts the architectural model of cloud to telco-grade networking. Network Cloud is a cloud-native software that runs over a shared physical infrastructure of standard white-boxes, radically simplifying the network's operations, offering telco-scale performance and elasticity at a much lower cost. Learn more at www.drivenets.com

Predictive Intelligence

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Funding Insights

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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