DriveNets Raises $208 Million Funding to Build the Network Cloud Infrastructure of the Future RAANANA, Israel, Jan. 27, 2021 /PRNewswire/ -- DriveNets, the networking software company, announced today that it has raised $208 million in a Series B funding round that brings DriveNets' valuation to more than $1 billion. The company will use the investment to continue to offer service providers and hyperscalers a radical new way to build their networks with higher capacity and scale at a much lower cost. DriveNets Network Cloud is already deployed as the core routing solution for AT&T, one of the largest networks in the world, demonstrating the scale and efficiency of a fully virtualized, disaggregated network. The funding will also allow DriveNets to expand to new geographies, responding to the surge in demand for more connectivity and infrastructure that can be easily scaled in a cloud-native fashion.