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DriveNets
DriveNets is a software company, vendor of a network infrastructure platform that runs over a physical infrastructure consisting of White box (computer hardware), white boxes.Maria Deutscher (August 17, 2022)Networking startup DriveNets raises $262M in new funding Silicon Angle. History DriveNets was founded in 2015 by Ido Susan and Hillel Kobrinsky. Susan is the cofounder of Intucell, which he sold to Cisco for $475 million in 2013.Alyson Shontell (January 23, 2013)Cisco Buys 4-Year-Old Israeli Startup Intucell For Half A Billion Dollars Business Insider. Kobrinsky cofounded Interwise, which was acquired by AT&T for $121 million; Shmulik Shelah (October 1, 2007)AT&T buys Israeli web-conferencing co Interwise Globes. DriveNets was in a stealth modeIngrid Lunden (February 14, 2019)DriveNets emerges from stealth with $110M for its cloud-based alternative to network routers TechCrunch. and was self-funded until 2019.(February 15, 2019)Israeli Software Firm DriveNets Raises $110 ...
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D1 Capital Partners
D1 Capital Partners is an American investment firm based in New York City, United States. The firm invests in both public and private markets globally. Background D1 Capital Partners was founded in July 2018 by Daniel Sundheim. "D1" stands for "Day One," a concept espoused by Amazon.com, Inc.'s Jeff Bezos as detailed in Amazon's 1997 Letter to Shareholders. Sundheim was previously the Chief Investment Officer of Viking Global Investors and put in more than $500 million of his own money to start the firm. D1 Capital Partners is usually grouped with other Tiger Cub funds due to the firm being spun out from one. The firm originally managed $3 billion of capital, which rose to $20 billion by the end of 2020 with annualized returns of nearly 30%. D1 returned 60% in 2020. In January 2021, the firm lost $4 billion (20% of its capital) due to the GameStop short squeeze. As of April 2021, D1 had recouped about 90% of what it lost in January. In June 2021, the firm signed a 10-year l ...
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