AI NewsIsraeli networking company DriveNets raised a $410M Series D led by Bessemer and Atreides at an $8.5B valuation, taking its total funding to ~$1B
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Summary
DriveNets, an Israeli networking company, has raised $410 million in a Series D funding round led by Bessemer and Atreides, valuing the company at $8.5 billion. This brings the company's total funding to around $1 billion.
Why it matters
This significant funding round highlights the growing importance of networking companies in the AI era.
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| Techmeme | Israeli networking company DriveNets raised a $410M Series D led by Bessemer and Atreides at an $8.5B valuation, taking its total funding to ~$1B | 6/1/2026, 3:30:40 PM |
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