Fundz

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.

Jun 01, 2026

Amount Raised

$410 Million

Round Type

Series D

Ra'ananaInformation TechnologyHardwareSoftwareEnterprise SoftwareCloud InfrastructureVoipCloud Computinginformation technology & servicesSaaS

Investors

D1 Capital PartnersPitangoAmdRed Dot Capital PartnersBessemer Venture PartnersAtreides Management

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.

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.

  • PointFive raised $60M (Series B) on June 8, 2026.
  • StratusGrid raised $3M (Seed) on June 2, 2026.
  • Payslip raised an undisclosed amount on May 28, 2026.
  • NudgeBee raised $3M (Seed) on April 21, 2026.
  • Hisabkitab raised $21M (Seed) on July 15, 2026.
  • Solving.AI raised $872K (Pre-Seed) on July 14, 2026.

Who to call at DriveNets, and when

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Company Information

Company

DriveNets

Location

Half Mile Road

Ra'anana, Center District, Israel

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

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Verified contactsMaya P., HR Business Partner & Talent Acquisition hidden hidden hiddenSee plans and pricing
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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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.