DriveNets Raises $410M Series D to Scale Ethernet AI Fabric and Heterogeneous AI Infrastructure

RA’ANANA, Israel, June 2, 2026 — DriveNets, a leader in large-scale networking solutions, has announced it has completed a $410 million Series D financing round, reaching $1 billion total capital raised. With more than $1B in secured business and having been cash-flow positive since 2025, the company will use the additional funding to scale inventory […] The post DriveNets Raises $410M Series D to Scale Ethernet AI Fabric and Heterogeneous AI Infrastructure appeared first on HPCwire .
The accelerating demand for AI compute infrastructure is driving significant investment into technologies that can scale network fabrics for heterogeneous AI environments.
This funding round indicates strong market validation for specialized networking solutions crucial for efficient and performant AI deployments, moving beyond traditional data center networking.
DriveNets can now significantly accelerate the deployment and development of its Ethernet AI Fabric, fostering greater competition and innovation in the AI infrastructure networking market.
- · DriveNets
- · Hyperscalers
- · AI model developers
- · Networking hardware manufacturers
- · Traditional networking vendors
- · Companies relying on less efficient AI networking solutions
Increased availability of high-performance, scalable network fabrics for AI workloads.
Potential for new AI services and applications that were previously bottlenecked by network infrastructure.
Further consolidation or specialized innovation within the AI infrastructure stack, potentially creating new market leaders beyond current incumbents.
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