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, 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.

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.