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Topic: Series D

DriveNets Bags $410M Series D to Meet Demand for Ethernet Fabric in AI Deployments

DriveNets, a leader in large-scale networking solutions, today 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 to support its growing AI fabric pipeline and expand its Heterogeneous AI infrastructure solutions.

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