![]() | This article contains content that is written like
an advertisement. (July 2024) |
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Company type | Private company |
---|---|
Industry | Telecommunications |
Founded | 2015[1] |
Founders |
|
Headquarters | , |
Area served | Worldwide |
Key people | Ido Susan (
CEO) Hillel Kobrinsky ( CSO) [4] |
Products | Network operating system, Software-defined networking |
Number of employees | 450 [5] |
Website |
www |
DriveNets is a software company, vendor of a network infrastructure platform [6] that runs over a physical infrastructure consisting of white boxes. [7] Founded in 2015 by industry veterans Ido Susan and Hillel Kobrinsky, DriveNets has rapidly grown to become a significant player in the networking space. With a rich history of successful entrepreneurial ventures and substantial funding rounds, DriveNets has positioned itself at the forefront of scalable, cloud-based network solutions. The company boasts a global presence with offices across Israel, Romania, Japan, and the USA, and serves a diverse clientele including major telecom operators like AT&T and KDDI. DriveNets' innovative technologies and strategic partnerships underscore its commitment to transforming the future of high-performance networking.
DriveNets was founded in 2015 by Ido Susan and Hillel Kobrinsky. Susan is the co-founder of Intucell, which he sold to Cisco for $475 million in 2013. [8] Kobrinsky co-founded Interwise, which was acquired by AT&T for $121 million. [9] DriveNets was in a stealth mode [10] and was self-funded until 2019. [11] In 2019, DriveNets raised $110 million in series A round from Bessemer Venture Partners and Pitango Growth, [2] along with John W. Thompson and Stephen J. Luczo. [12] In 2021, DriveNets raised $208 million in series B funding led by D1 Capital Partners with follow-on investments from Bessemer and Pitango and investment by Harel Insurance. [13] In August 2022, DriveNets announced it completed Series C funding of $262 million led by D2 Investments, along with former investors Bessemer, D1 Capital, Pitango and Atreides Management and Harel Insurance. [14] The company's estimated value was $2.5 billion, [15] after raising total sum of $587 million. [16]
The company has 450 employees at offices in Israel, Romania, Japan and USA. [17] The company has about 100 customers, including AT&T [18] and KDDI. [19] Among its partners are Fujitsu, Broadcom Inc., [20] Itochu Techno-Solutions, Wipro, KGPCo and EPCglobal. [21]
In November 2023, DriveNets joined the Ultra Ethernet Consortium, an industry effort to build optimal Ethernet for high-performance networking. [22] [23]
DriveNets markets a scalable network operating system (NOS) based on a cloud. [24] The network cloud architecture creates a software routing framework that can grow linearly to a large scale from a centralized cloud. [25] The company leverages Telco-hierarchy cloud design principles such as containerized microservices, shared facilities, and inexpensive white boxes. [26] Another product that the company sells is a network operating system that relies on Ethernet to connect AI-optimized systems in a distributed cluster. The approach applies the Open Compute Project Distributed Disaggregated Chassis architecture, which enables AI clusters to scale at an adequate performance while keeping JCT low. [27]
![]() | This article contains content that is written like
an advertisement. (July 2024) |
![]() | |
Company type | Private company |
---|---|
Industry | Telecommunications |
Founded | 2015[1] |
Founders |
|
Headquarters | , |
Area served | Worldwide |
Key people | Ido Susan (
CEO) Hillel Kobrinsky ( CSO) [4] |
Products | Network operating system, Software-defined networking |
Number of employees | 450 [5] |
Website |
www |
DriveNets is a software company, vendor of a network infrastructure platform [6] that runs over a physical infrastructure consisting of white boxes. [7] Founded in 2015 by industry veterans Ido Susan and Hillel Kobrinsky, DriveNets has rapidly grown to become a significant player in the networking space. With a rich history of successful entrepreneurial ventures and substantial funding rounds, DriveNets has positioned itself at the forefront of scalable, cloud-based network solutions. The company boasts a global presence with offices across Israel, Romania, Japan, and the USA, and serves a diverse clientele including major telecom operators like AT&T and KDDI. DriveNets' innovative technologies and strategic partnerships underscore its commitment to transforming the future of high-performance networking.
DriveNets was founded in 2015 by Ido Susan and Hillel Kobrinsky. Susan is the co-founder of Intucell, which he sold to Cisco for $475 million in 2013. [8] Kobrinsky co-founded Interwise, which was acquired by AT&T for $121 million. [9] DriveNets was in a stealth mode [10] and was self-funded until 2019. [11] In 2019, DriveNets raised $110 million in series A round from Bessemer Venture Partners and Pitango Growth, [2] along with John W. Thompson and Stephen J. Luczo. [12] In 2021, DriveNets raised $208 million in series B funding led by D1 Capital Partners with follow-on investments from Bessemer and Pitango and investment by Harel Insurance. [13] In August 2022, DriveNets announced it completed Series C funding of $262 million led by D2 Investments, along with former investors Bessemer, D1 Capital, Pitango and Atreides Management and Harel Insurance. [14] The company's estimated value was $2.5 billion, [15] after raising total sum of $587 million. [16]
The company has 450 employees at offices in Israel, Romania, Japan and USA. [17] The company has about 100 customers, including AT&T [18] and KDDI. [19] Among its partners are Fujitsu, Broadcom Inc., [20] Itochu Techno-Solutions, Wipro, KGPCo and EPCglobal. [21]
In November 2023, DriveNets joined the Ultra Ethernet Consortium, an industry effort to build optimal Ethernet for high-performance networking. [22] [23]
DriveNets markets a scalable network operating system (NOS) based on a cloud. [24] The network cloud architecture creates a software routing framework that can grow linearly to a large scale from a centralized cloud. [25] The company leverages Telco-hierarchy cloud design principles such as containerized microservices, shared facilities, and inexpensive white boxes. [26] Another product that the company sells is a network operating system that relies on Ethernet to connect AI-optimized systems in a distributed cluster. The approach applies the Open Compute Project Distributed Disaggregated Chassis architecture, which enables AI clusters to scale at an adequate performance while keeping JCT low. [27]