DriveNets Raises $410 million Series D

AMD Joins DriveNets Funding Round raised $410M in Series D financing led by Bessemer Venture Partners, with participation from Bessemer Venture Partners, Atreides Management. AMD Joins DriveNets Funding Round is a Cloud / Infrastructure company focused on over $1 billion. The new capital is framed around over $1 billion.

What it does

AMD Joins DriveNets Funding Round is a Cloud / Infrastructure company focused on over $1 billion. The business sits in Cloud & Infrastructure, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

$410 million. Management framed the new capital around over $1 billion.

Trend impact

AMD Joins DriveNets Funding Round is targeting infrastructure bottlenecks created by the compute demands of modern AI workloads. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

• June 2, 2026 · Series D · $410 million · Bessemer Venture Partners
• June 1, 2026 · Series D · $410 million · undisclosed investors
• June 1, 2026 · Unknown · $410 million · undisclosed investors
• Recent · Series D · $410 million · Bessemer

Products & services

• Its software supports high-speed connectivity and AI workloads, both of capability
• DriveNets secures capability
• AMD joins capability
• Communications Today. With more than capability
• AI fabric pipeline and expand its Heterogeneous AI infrastructure capability