Red Bank, NJ – According to filings with the U.S. Securities and Exchange Commission, DriveNets is raising $262,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ido Susan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About DriveNets
DriveNets is a fast-growing software company that builds networks like clouds. It offers communications service providers and cloud providers a radical new way to build networks, detaching network growth from network cost and increasing network profitability. Founded by Ido Susan and Hillel Kobrinsky, two successful telco entrepreneurs, DriveNets Network Cloud is the leading open disaggregated networking solution based on cloud-native software running over standard white boxes. DriveNets was awarded the Leading Light award 2020 for Company of the Year (Private) and Innovation Award Vendor at the 21st Annual World Communications Awards.

To learn more about DriveNets, visit http://www.drivenets.com/

Contact:
Ido Susan, Chief Executive Officer
972-9-7444726
https://www.linkedin.com/in/idosusan/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved