When was DriveNets founded?

DriveNets was founded in 2015 and became a unicorn in 2021, reaching the milestone in 6 years. It raised its 1st funding round 4 years after its incorporation.

Where is DriveNets located?

DriveNets is headquartered in Ra'anana, Israel.

Who is the current CEO of DriveNets?

Ido Susan of DriveNets. They have also founded 1 company.

How many employees does DriveNets have?

As of May 31, 2026, the latest employee count at DriveNets is 551.

Is DriveNets a funded company?

DriveNets is a funded company, having raised a total of $997M across 5 funding rounds to date. The company's 1st funding round was a $110M Series A round, raised on Feb 14, 2019.

How much is DriveNets worth?

The latest valuation of DriveNets is $8.5B as of Jun 01, 2026.

When was the latest funding round of DriveNets?

DriveNets' latest funding was a $410M Series D round on Jun 01, 2026, with participation from 6 investors.

Is DriveNets a Enterprise Networking company?

The primary sector of DriveNets is Enterprise Networking.

Where does DriveNets rank among its competitors?

DriveNets ranks 1st amongst 21 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was DriveNets, which secured $262M in Aug, 2022.

Who are the top competitors of DriveNets?

DriveNets' top competitors include Traefik, Rtbrick and 128 Technology. Among them, DriveNets secured the most recent funding round in June, 2026.

DriveNets - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of software-based cloud networking solutions for service provider and AI networks. The company provides routing solutions based on disaggregated hardware. It offers Ethernet-based AI networking to support high-performance AI workloads. The company's networking solutions aim to maximize resource utilization and accelerate product innovation.

Website: drivenets.com
Social
Email ID: *****@drivenets.com
Phone Number: +972 **********

Key Metrics

Founded Year

2015

Location

Ra'anana, Israel

Stage

Series D

Total Funding

$997M in 5 rounds

Latest Funding Round

Series D, Jun 01, 2026, $410M

Post Money Valuation

$8.5B as on Jun 01, 2026

Investors

C4 Ventures & 13 more

Ranked

1^st among 21 active competitors

Employee Count

551 as on May 31, 2026

Similar Companies

Traefik & 29 more

View DriveNets' full profile

DriveNets has raised a total funding of $997M over 5 rounds. Its first funding round was on Feb 14, 2019. Its latest funding round was a Series D round on Jun 01, 2026 for $410M. 6 investors participated in its latest round. DriveNets has 11 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of DriveNets:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2026	$410M	Series D	-	-	Bessemer Venture Partners, Atreides Management	AMD, Red Dot Capital Partners, Pitango, D1 Capital Partners
Aug 17, 2022	$262M	Series C	$2.5B	-	D2 Fund	Pitango, Bessemer Venture Partners, Atreides Management, Harel Group, D1 Capital Partners
Jan 27, 2021	$208M	Series B	$1B	-	Atreides Management, C4 Ventures, D1 Capital Partners	Bessemer Venture Partners, Pitango

Access funding benchmarks and valuations. Sign up today!

View details of DriveNets's funding rounds and investors

The founders of DriveNets are Hillel Kobrinsky and Ido Susan. Ido Susan is the CEO of DriveNets.

Here are the details of DriveNets' key team members:

Hillel Kobrinsky: Co-Founder & CSO of DriveNets.
Contact Info: 1 email address
Ido Susan: Co-Founder & CEO of DriveNets.
Contact Info: 1 email address

View details of DriveNets's Founder profiles and Board Members

DriveNets' employee count trend

DriveNets has 551 employees as of May 26. Here is DriveNets's employee count trend over the years:

Uncover DriveNets' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of DriveNets include Traefik, Rtbrick and 128 Technology. Here is the list of Top 10 competitors of DriveNets, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DriveNets 2015, Ra'anana (Israel), Series D	Developer of software-based cloud networking solutions for service provider and AI networks	$997M	equitywestsecurities.com, 10D & 12 others	68/100
2nd	Traefik 2015, Lyon (France), Series A	Developer of cloud-native application proxy, API gateway, and API management platform	$11.1M	Balderton Capital, Kima Ventures & 4 others	59/100
3rd	Rtbrick 2015, Bengaluru (India), Series A	Developer of disaggregated routing software for telecommunications service provider networks	$7.2M	DTCP, Swisscom Ventures & 2 others	58/100
4th	128 Technology 2014, Burlington (United States), Acquired	Cloud-based networking platform for distributed routing and network services	$113M	The Perkins Fund, G20 Ventures & 3 others	52/100
5th	Packet Design 2003, Austin (United States), Acquired	IP network route analytics, monitoring, and planning solutions provider	$47.1M	AllegisCyber Capital, Mayfield & 7 others	51/100
6th	Volta Networks 2015, San Francisco (United States), Acquired	Provider of SDN based network management solutions provider	$22.4M	Project 11 Ventures, Hyperplane	45/100
7th	RDK 2012, Philadelphia (United States), Funding Raised	Open source software for accelerating the broadband service	-	Liberty Global	42/100
8th	Noction 2011, Sunnyvale (United States), Series A	Network traffic analysis and BGP routing automation solutions provider	$1M	-	40/100
9th	Badu Networks 2013, Irvine (United States), Seed	Cloud based platform offering network routing solutions	$670K	Ergo Capital	39/100
10th	Tessares 2015, Louvain la Neuve (Belgium), Series A	Hybrid access networks with MPTCP routing protocol	$7.8M	Vives Fund, Proximus & 5 others	38/100