DriveNets Stock
| Valuation | $8.5B1 |
| Valuation Date | Jun 1, 2026 |
| Implied Valuation | $12.75B |
| Last Price | $7.32 |
| 52-Week High | $7.32 |
| 52-Week Low | $3.75 |
| YTD Return | +72.64% |
| 1-Year Return | +91.62% |
| 3-Year Return | n/a |
| Total Funding | $997M2 |
| Latest Round Amount | $410M2 |
| Latest Round | Series D |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About DriveNets
DriveNets is an Israeli networking company that sells cloud-native routing software and Ethernet AI-fabric systems to telecom operators and AI data centers. Its Network Cloud product runs a network operating system on standard white-box hardware so carriers can scale core and edge routing without buying traditional chassis routers. The company also sells DriveNets AI Fabric, a full-stack Ethernet network meant to raise GPU utilization in multi-vendor AI clusters. DriveNets makes money by selling this software, related hardware platforms and deployment services. Customers include AT&T, Comcast and KDDI. Co-founder and CEO Ido Susan previously sold Intucell to Cisco.
Invest in DriveNets
DriveNets is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
DriveNets employees in $40–50M secondary share sale (Globes)
Globes reported Oct 12, 2026 that DriveNets is advancing a $40–50 million secondary transaction letting employees and senior staff sell shares to a new institutional investor ahead of a possible IPO o...
NEC delivers DriveNets DNOS white-box routers to OPTAGE
DriveNets said on October 7, 2026 that NEC Networks & System Integration delivered DNOS-powered white-box routers to Japanese carrier OPTAGE for an open-networking edge deployment.
DriveNets and AMD Publish Reference Architecture to Maximize AI Cluster Performance and Efficiency
DriveNets and AMD published a validated reference design pairing AMD Instinct MI350 GPUs with DriveNets AI Fabric for large-scale training and inference clusters.
DriveNets and AMD Publish Reference Architecture to Maximize AI Cluster Performance and Efficiency
DriveNets and AMD published a validated reference architecture pairing AMD Instinct MI350 GPUs with DriveNets AI Fabric for open, large-scale AI infrastructure.
DriveNets and AMD Publish Reference Architecture to Maximize AI Cluster Performance and Efficiency
DriveNets and AMD published a validated reference architecture pairing AMD Instinct MI350 series GPUs with DriveNets AI Fabric. The design covers scale-out and scale-across clusters plus front-end and...
DriveNets Announces Industry's First Commercial Deployment of a Long-Distance, Scale-Across AI Supercluster
WhiteFiber's Project Redwood used DriveNets AI Fabric to link two H200 GPU clusters 52 miles apart into one logical supercluster, which DriveNets said is its first commercial scale-across deployment.
DriveNets Announces Industry's First Commercial Deployment of a Long-Distance, Scale-Across AI Supercluster
DriveNets deployed long-distance scale-across AI networking for WhiteFiber's Project Redwood, linking two H200 GPU clusters 52 miles apart into one logical supercluster.
DriveNets Announces Industry's First Commercial Deployment of a Long-Distance, Scale-Across AI Supercluster
DriveNets said its AI Fabric connected two WhiteFiber H200 GPU clusters 52 miles apart into one logical supercluster as part of Project Redwood. The deployment was validated at 111.2 Tbps of bandwidth...
DriveNets Extends AI Networking portfolio with High-Capacity AI Fabric Platforms
DriveNets introduced the 2600SL and 2601S AI Ethernet fabric platforms based on Broadcom Tomahawk 6, each with 102.4 Tbps of switching capacity across 64 ports at 1.6 Tbps. The systems are scheduled t...
DriveNets secures $410 million in latest funding round, AMD joins as investor
DriveNets, an Israeli networking software firm, said it has raised $410 million in its latest funding round led by Bessemer Venture Partners and Atreides Management, taking its total capital-raise s...
DriveNets High-Performance AI Networking Available on the Dell AI Factory
DriveNets said its Fabric Scheduled Ethernet solution will be available on Dell AI Factory for high-performance multi-tenant and scale-across AI clusters.
DriveNets High-Performance AI Networking Available on the Dell AI Factory
DriveNets said its Fabric Scheduled Ethernet solution is now an option on the Dell AI Factory for multi-tenant, multi-site and GPUaaS clusters. Dell customers also get DriveNets DNOS software and AI C...
DriveNets 2025: The Inflection Point
DriveNets said it passed $1 billion in bookings in 2025 and turned cash-flow positive for the first time. The company also said it won large AI networking projects with service providers, neo-clouds a...
AT&T buys 15% stake in DriveNets
Globes reported that AT&T bought about 15% of DriveNets from existing shareholders in a secondary transaction. The deal was estimated at $750-800 million and implied a $5 billion valuation.
KDDI and DriveNets Signed A Strategic Partnership to Accelerate Open Network Architecture
KDDI and DriveNets signed a strategic partnership to expand disaggregated routers on KDDI's network. KDDI planned to deploy DriveNets Network Cloud on backbone core routers at four locations with comm...
Comcast Accelerates Virtualization and AI Technologies Throughout the Nation's Largest and Fastest Network Using DriveNets Network Cloud
PHILADELPHIA & RA'ANANA, Israel--(BUSINESS WIRE)--Comcast and DriveNets today announced that Comcast will use DriveNets' Network Cloud solution to expand the trial of Janus, its initiative to virtuali...
DriveNets Completes Successful Commercial Trial of Disaggregated Core Networking Infrastructure on Orange's International IP Core Network
DriveNets said it deployed Network Cloud on live peering and core nodes on Orange's international IP network. The proof of concept was carrying live traffic in fewer than 45 days.
DriveNets and Infinera Complete Joint Solution Certification of Infinera ZR/ZR+ Optical Modules with DriveNets Network Cloud
The combined DriveNets/Infinera solution allows operators to build converged network infrastructures, lowering network OpEx RA'ANANA, Israel and SAN JOSE, Calif. , March 13, 2024 /PRNewswire/ -- Driv...
With 52% Of AT&T's Traffic, DriveNets Aims At AI Networking
DriveNets aims to capture a chunk of the market for AI networks that train and operate large language models like ChatGPT
AT&T deploys DriveNets Network Cloud in their next-gen core
RAANANA, Israel, Sept. 28, 2020 /PRNewswire/ -- DriveNets, the networking software company, today announced that DriveNets Network Cloud is providing the software-based core routing solution for AT&T ...