The networks powering AI infrastructure and major service providers just got a significant capital injection. DriveNets, whose high-scale networking software supports over 30% of total U.S. internet traffic through deployments with giants like AT&T and Comcast, has closed a $410.0M Series D funding round.
Investors Bessemer and Atreides participated in the round, which pushes the company's total capital raised to nearly $1 billion. Founded by telco entrepreneurs Ido Susan and Hillel Kobrinsky, DriveNets is known for its disaggregated networking architecture and its AI Fabric, an Ethernet-based alternative to InfiniBand for AI infrastructures, deployed by hyperscalers and enterprises worldwide.














