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DriveNets raises $410M for AI infrastructure networking

Created at 1 Jun · 4:06 AM6 sources↑ Market-relevant6 events
IN SHORT

DriveNets announced $410 million in Series D funding to accelerate inventory build-out for AI infrastructure. The company offers open, multi-vendor solutions and has secured over $1 billion in business.

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Key Numbers

$410 millionSeries D funding amount
$1 billionSecured business

Who's Involved

DriveNets
Leader in large-scale networking solutions, provider of Ethernet fabric for AI

↳ Why This Matters

DriveNets' funding comes amid a surge in demand for specialized networking solutions required to support large-scale AI deployments. As AI models become more complex and data-intensive, the need for efficient, scalable, and open networking infrastructure is critical. This investment positions DriveNets to capitalize on the growing market for heterogeneous AI hardware and software.

Key facts

  • DriveNets announced $410 million in Series D funding.
  • The funding will accelerate inventory build-out to meet demand for AI infrastructure.
  • DriveNets offers open, multi-vendor, and heterogeneous AI infrastructure solutions.
  • The company has secured over $1 billion in business.

DriveNets' funding comes amid a surge in demand for specialized networking solutions required to support large-scale AI deployments. As AI models become more complex and data-intensive, the need for efficient, scalable, and open networking infrastructure is critical. This investment positions DriveNets to capitalize on the growing market for heterogeneous AI hardware and software.

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Cadence

How It Developed

1 Jun · 8:39 PM
DriveNets raised $410M in Series D funding to expand Ethernet fabric production for AI infrastructure.
PRN | All News Releases via PiQSuite
1 Jun · 1:30 PM
ZPE Systems announced the NSR 2U platform and an NVIDIA Jetson expansion card, integrating AI acceleration and networking.
PRN | All News Releases via PiQSuite
1 Jun · 12:32 PM
ABnet Communication Ltd. has launched new infrastructure and orchestration services for enterprises deploying AI workloads.
PRN | All News Releases via PiQSuite
1 Jun · 10:32 AM
Foretellix integrates NVIDIA Alpamayo to accelerate AI autonomous vehicle development, a new detail not previously mentioned.
PRN | All News Releases via PiQSuite
1 Jun · 5:30 AM
Linker Vision is expanding its AI platform for agentic video reasoning on AI grids, leveraging NVIDIA AI technologies.
PRN | All News Releases via PiQSuite
1 Jun · 4:01 AM
BE Networks is accelerating the deployment of large-scale AI factories with NVIDIA DSX Air, utilizing a high fidelity simulation environment.
PRN | All News Releases via PiQSuite

Sources

T1
IREN and BE Networks Accelerate Deployment of Large-Scale AI Factory with NVIDIA DSX Airm.piqsuite.com
T1
Linker Vision Unveils Application-Driven Platform for Agentic Video Reasoning on AI Grids, Powered by NVIDIA NemoClawm.piqsuite.com
T1
Foretellix Unveils Reference Solution Integrating NVIDIA Alpamayo to Scale AI Autonomous Vehicle Developmentm.piqsuite.com
T1
ABnet Launches Enterprise Architecture Services to Power Next-Generation AI Workloadsm.piqsuite.com
T1
ZPE Systems Introduces NSR 2U and NVIDIA Jetson Expansion Card, Combining AI Acceleration, Networking, and Infrastructure Resiliencem.piqsuite.com
T1
DriveNets Secures $410M Series D to Meet Surging Demand for Ethernet Fabric in Large-Scale AI Deploymentsm.piqsuite.com

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