PR90565

RAANANA, Israel, July 13, 2021/PRNewswire=KYODO JBN/ --

- Strong team of veteran industry leaders joined the company as DriveNets

Network Cloud becomes the leading high-scale disaggregated networking solution

in the market  

    DriveNets [https://drivenets.com/], the networking software company, today

announced that it is expanding its presence in Asia Pacific to support the

growing interest from service and cloud providers in DriveNets Network Cloud.

DriveNets has hired highly experienced technical sales and operations

professionals including senior executives from Cisco and Juniper to work with

innovative service and cloud providers in the region. Among the new team are

Ralph Candiloro – SVP of DriveNets APAC - previously a SVP at Juniper and VP at

Tellabs, and [https://www.linkedin.com/in/ralph-candiloro-9157178/] Masao

Inouye - president of DriveNets Japan, formerly VP of Cisco Japan and Senior

EVP at Alcatel-Lucent.

    Following its success in the U.S. market, DriveNets is currently in sales

processes with around 20 customers in the APAC region as momentum builds

exponentially for the DriveNets Network Cloud white box-based routing software

solutions. The global interest from service providers and webscalers is fueled

by the desire to adopt an open disaggregated network model.

    “DriveNets has the right team in Asia Pacific to work with our customers -

service and cloud provider visionaries, and drive new innovative services and

new levels of scale while changing their business models to accelerate growth.”

said Ido Susan, CEO and Co-Founder DriveNets. “The recent Telecom Infra Project

(TIP) Request for Information (RFI) shows the growing demand in the market for

disaggregated networking and we are seeing the momentum of it in the Asia

Pacific region.”

    The APAC team will ensure that DriveNets will fully support our customers

in the region, with stronger operations underpinning and partners who can

accompany the full lifecycle management of DriveNets Network Cloud deployments,

with a particular focus on Japan, India, South East Asia, China, Australia and

New Zealand. In the fall DriveNets Japan will open an office in Tokyo.

    “Over the next five years, we expect that half of high-scale, telco-grade

infrastructure will transition to disaggregated routers,” said Alan Weckel,

Technology Analyst of 650 Group. “DriveNets Network Cloud is a major leader in

this transition. Asia Pacific telcos will benefit significantly as the region

becomes one of the largest consumers of disaggregated routers.”

    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 find out more, visit www.drivenets.com and view our

media kit.

    In January, DriveNets announced [

https://www.prnewswire.com/il/news-releases/drivenets-raises-208-million-funding-to-build-the-network-cloud-infrastructure-of-the-future-837725644.html]

$208 million in Series B funding, bringing the company valuation to more than

$1 billion. The investment is being used to further develop the product

offering to continue to offer service providers and hyperscalers a radical new

way to build their networks with higher capacity and scale at a much lower cost

    Media contact:

    Judith Arkush

    judith.arkush@si14global.com

    +972 52-351-7698

Source: DriveNets