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DRIVENETS
DriveNets
Network operating system / software-defined networking · Ra'anana · Israel · Founded · 2015 · ≈ · 500 · employees

DriveNets: Company Profile & Valuation

Private

DriveNets, headquartered in Israel, remains privately held in the network operating system / software-defined networking space. Investors last valued the company at $5B. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
DriveNets at a glance
Last valuation
$5B
POST-MONEY
Raised across rounds
$1.7B
5 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
BTC—
BTC-PERP · live
Valuation history

DriveNets valuation history

One company valuation: $5B (post-money).

Undated: AT&T secondary stake purchase at $5B (post-money); Series D at —.
Funding history

DriveNets funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Feb 2019
$110M
—
Bessemer Venture Partners, Pitango Growth
—
Series B
Jan 2021
$208M
—
D1 Capital Partners
—
Series C
Aug 2022
$262M
—
D2 Investments
—
AT&T secondary stake purchase
—
$750M
$5B
AT&T
—
Series D
—
$410M
—
Bessemer Venture Partners, Atreides Management
—
DriveNets · investors

Investors

Bessemer Venture PartnersLEADAAtreides ManagementLEADAAT&TLEADDD2 InvestmentsLEADD1 Capital PartnersLEADPitango GrowthLEADHHarel InsuranceJJohn W. ThompsonSStephen J. Luczo
Will DriveNets IPO?
Founded
2015
Feb 2019
Series A
Aug 2022
Series C
IPO
Not announced
No filing has been made.
DriveNets — the private market
Last valuation$5B · post-money
Total raised$1.7B
Lead investors
Bessemer Venture PartnersAtreides ManagementAT&TD2 Investments
IPO statusNot announced
Founded · HQ2015 · Ra'anana · Israel
Employees≈ 500
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About DriveNets

DriveNets designs and sells a cloud-native network operating system that separates network software from the underlying hardware, running on off-the-shelf white-box switches instead of proprietary routers. Its Network Cloud platform includes the DN-OS operating system and an Ethernet-based AI Fabric used for GPU, storage and backend networking in AI data centers. Ido Susan and Hillel Kobrinsky founded DriveNets in December 2015; the company is headquartered in Ra'anana, Israel.

About 100 customers run DriveNets in production, including AT&T, Comcast and KDDI, and AT&T carries close to 840 petabytes of daily backbone traffic on the disaggregated architecture that DriveNets' operating system powers.

The money screen · ranked by accessibility

How to get DriveNets exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds DriveNets.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. DriveNets availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — DriveNets included.

No account needed

DriveNets stock — frequently asked questions

Who has invested in DriveNets?›

Lead investors for each round are in the funding timeline.

Who are DriveNets's competitors?›

The closest network operating system / software-defined networking peers are on the competitors page.

How can I get exposure to DriveNets?›

The routes section explains what is realistically available for a company at this stage.

Is DriveNets publicly traded?›

No. DriveNets is a private company; its shares do not trade on a public exchange.

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