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DriveNets raises $410 million in Series D funding, leading to a valuation of $8.5 billion. The investment, led by Bessemer Venture Partners and Atreides Management, will expand its AI infrastructure business.
Amount Raised
$410 Million
Round Type
Series D
Ra'ananaInformation TechnologyHardwareSoftwareSaaSEnterprise SoftwareCloud InfrastructureVoipCloud Computinginformation technology & servicesInvestors
Description
Communications company DriveNets has raised $410 million in a fourth funding round at a valuation of $8.5 billion. The new investment will support the expansion of DriveNets’ AI infrastructure business and increase platform capacity. It aims to meet growing demand expected in 2026 and 2027. DriveNets is also exploring a potential secondary transaction later this year.
Fundz sees it the moment DriveNets raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
DriveNets raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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