Drivenets Secures $262 Million In Series C Funding To Continue Disrupting The Telecommunications And Cloud Infrastructure Industry
Amount Raised
$262 Million
Round Type
Series C
Ra'ananaInformation TechnologyHardwareSoftwareEnterprise SoftwareCloud InfrastructureVoipCloud Computinginformation technology & servicesSaaSDescription
DriveNets, a leader in cloud-native networking solutions, today announced it has secured $262 million in a Series C venture capital funding round, considerably increasing the company's valuation over its January 2021 Series B round. The funding from this latest round of investment will be used to develop future technology solutions, pursue new business opportunities, and expand the company's global operations and support teams to support growing customer demand.
Quick answer
DriveNets raised $262 Million in a Series C round, dated August 17, 2022. DriveNets is based in Ra'anana, Center District, Israel.
- How much did DriveNets raise?
- DriveNets raised $262 Million in a Series C round on August 17, 2022.
- What does DriveNets do?
- DriveNets is a leader in cloud-native networking software and network disaggregation solutions.
- Where is DriveNets based and how big is it?
- DriveNets is based in Ra'anana, Center District, Israel. Fundz records about 430 employees.
- Who are the decision-makers at DriveNets?
- Fundz holds 1 contact at DriveNets, including the HR Business Partner & Talent Acquisition. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Enterprise Software around the same time
Companies in the same sectors as DriveNets that raised within 45 days of this round, from Fundz verified event records.
- Zeet raised $4.3M (Seed) on September 6, 2022.
- UPTIMA raised an undisclosed amount on August 30, 2022.
- Regie.ai raised $10M (Funding Round) on September 29, 2022.
- Coalesce raised $26M (Series A) on September 28, 2022.
- Jeli raised $15M (Series A) on September 28, 2022.
- Regie.ai raised $10M (Funding Round) on September 28, 2022.
Who to call at DriveNets, and when
A new round usually means DriveNets is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day DriveNets raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DriveNets, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at DriveNets. With Fundz connected, it knows.
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Fundz sees it the moment DriveNets raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
DriveNets raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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