• Source: DriveNets

DriveNets is a software company, vendor of a network infrastructure platform that runs over a physical infrastructure consisting of white boxes. Founded in 2015 by industry veterans Ido Susan and Hillel Kobrinsky.




History


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. Kobrinsky co-founded Interwise, which was acquired by AT&T for $121 million. DriveNets was in a stealth mode and was self-funded until 2019. In 2019, DriveNets raised $110 million in series A round from Bessemer Venture Partners and Pitango Growth, along with John W. Thompson and Stephen J. Luczo. 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. 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. The company's estimated value was $2.5 billion, after raising total sum of $587 million.
The company has 450 employees at offices in Israel, Romania, Japan and USA. The company has about 100 customers, including AT&T and KDDI. Among its partners are Fujitsu, Broadcom Inc., Itochu Techno-Solutions, Wipro, KGPCo and EPCglobal.
In November 2023, DriveNets joined the Ultra Ethernet Consortium, an industry effort to build optimal Ethernet for high-performance networking.




Technologies


DriveNets markets a scalable network operating system (NOS) based on a cloud. The network cloud architecture creates a software routing framework that can grow linearly to a large scale from a centralized cloud. The company leverages Telco-hierarchy cloud design principles such as containerized microservices, shared facilities, and inexpensive white boxes. 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.




See also


List of unicorn startup companies
Science and technology in Israel
Silicon Wadi




References

Kata Kunci Pencarian:

• DriveNets
• D1 Capital Partners
• Core router
• List of unicorn startup companies
• List of operating systems
• Pascal Cagni