DriveNets, an Israeli networking software company, has raised $410 million in its latest funding round, bringing its total capital raised to approximately $1 billion. The round signals continued investor momentum in AI infrastructure and large-scale networking systems supporting modern data center growth.
The funding round was led by Bessemer Venture Partners and Atreides Management, with new participation from AMD and Red Dot Capital. Existing investors including Pitango and D1 Capital Partners also joined the round.
Founded in 2015, DriveNets develops cloud-native networking software that allows telecom operators and data centers to build and manage networks using standard off-the-shelf hardware instead of expensive proprietary systems. Its technology is designed to support high-speed connectivity and handle growing AI workloads across large-scale infrastructure environments.
According to the company, the new capital will be used to expand capacity in response to rising demand for AI infrastructure, which is increasingly dependent on efficient, scalable networking performance.
CEO Ido Susan noted that the company is focused on supporting the rapid scaling requirements of AI systems, where network performance is becoming a critical factor in overall system efficiency and cost.
The company’s ecosystem includes partnerships with major technology players such as Broadcom, Fujitsu, and Wipro, reflecting its position within the broader AI infrastructure and telecom modernization landscape.
Industry observers note that AI-driven computing growth is placing unprecedented pressure on network infrastructure, making companies like DriveNets central to the evolution of data center architecture and distributed computing systems.
