{"id":1011764,"date":"2026-06-03T08:15:47","date_gmt":"2026-06-03T02:45:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1011764"},"modified":"2026-06-03T08:25:39","modified_gmt":"2026-06-03T02:55:39","slug":"drivenets-secures-410-million-in-latest-funding-round-amd-joins-as-investor","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/03\/drivenets-secures-410-million-in-latest-funding-round-amd-joins-as-investor\/","title":{"rendered":"DriveNets secures $410 million in latest funding round, AMD joins as investor"},"content":{"rendered":"<p>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 so far to $1 billion. <\/p>\n<p>New investors \u200cAMD \u2060and Red \u2060Dot Capital joined the round, while existing investors Pitango and D1 Capital Partners also participated. The company would use the proceeds to meet the surging demand for large-scale AI infrastructure, CEO Ido Susan said. <\/p>\n<p>DriveNets did not disclose \u2060the valuation \u200csecured after the latest funding. It did not immediately respond to a \u2060Reuters request for comment seeking the detail.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 so far to $1 billion. New investors \u200cAMD \u2060and Red \u2060Dot Capital joined the round, while existing investors Pitango and D1 Capital Partners also participated. The company would use the proceeds to meet the surging demand for large-scale AI infrastructure, CEO Ido Susan said. DriveNets did not disclose \u2060the valuation \u200csecured after the latest funding. It did not immediately respond to a \u2060Reuters request for comment seeking the detail.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1011764","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1011764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1011764"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1011764\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1011764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1011764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1011764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}