Reuters

01 Jun 2026, 21:37 UTC · 2h ago

DriveNets secures $410 million in latest funding round, AMD joins as investor

Read original · https://www.reuters.com/legal/transactional/drivenets-secures-410-million-latest-funding-round-amd-joins-investor-2026-06-01/

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DriveNets raised $410 million in its latest funding round led by Bessemer Venture Partners and Atreides Management. — Significant capital injection from tier-1 investors indicates strong institutional confidence in the company's growth and networking software sector.
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2
DriveNets has reached a total capital-raise of $1 billion to date. — A billion-dollar funding history signals scale and long-term viability, reducing perceived bankruptcy risk for the venture.
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