DriveNets

Private

Ra'anana, Israel-based open Ethernet fabric (DDC / Network Cloud) for large-scale AI back-end networks. Competes with Nvidia and Cisco for the AI scheduler fabric slot. Cash-flow positive since 2025. Founded 2015 by Cisco and Intucell alumni.

Founders Ido Susan, Hillel Kobrinsky
CEO Ido Susan

Company

Founded
2015
Headquarters
Ra'anana, Israel

Financials

Total Funding
$990M
Sectors
Artificial Intelligence Cloud Computing Hardware Enterprise Software
drivenets.com

Funding History

4 rounds
Series D Jun 1, 2026
$410M
Bessemer Venture Partners (Lead) Atreides Management AMD Red Dot Capital Partners Pitango D1 Capital Partners
Series C Sep 1, 2023
$262M
D1 Capital Partners (Lead) Bessemer Venture Partners Atreides Management Pitango
Series B Jan 1, 2021
$208M
D1 Capital Partners (Lead) Bessemer Venture Partners Pitango
Series A Feb 1, 2019
$110M
Bessemer Venture Partners (Lead) Pitango Atreides Management

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.