Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, July 13 2021 - 08:00
AsiaNet
DriveNets expands presence in Asia Pacific to support the growing momentum of its Network Cloud
RAANANA, Israel, July 13, 2021/PRNewswire-AsiaNet/ --

- 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
Translations

Japanese