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PR Newswire
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Drivenets & Tellence Open a Major R&D Center in Romania to Help Build Drivenets' Network Cloud - The Foundation of Service Providers' Network of the Future

The webscale networking software company is partnering with Tellence, a leading provider of software and engineering services, to create an R&D Center of Excellence in Bucharest for developing DriveNets' Solution

RA'ANANA, Israel and BUCHAREST, Romania, Sept. 23, 2019 /PRNewswire/ -- DriveNets, the webscale networking software company, which recently closed a $117 million Series A funding round, announced today that it is opening a significant R&D center in Romania. Tellence, a leading provider of high-tech Software & Engineering services will create the center and is currently looking for software engineers with expertise in Networking, NFV/SDN & Cloud Solutions.

Tellence is seeking developers who are experienced in routing, Layer 2, BSP & scalable elastic Software architectures, state of the art web front-end & back-end solutions, DevOps, and QA - Manual & Automatons. It is also looking for domain experts in the following areas:

  • Protocols: BGP (UC,LU), IS-IS, OSPF, OPSF-TE, RSVP, LDP, VPN & MVPN
  • FrontEnd: React, NodeJS, JS, CSS, UI/UX

DriveNets' Network Cloud is significantly disrupting the service providers market, challenging incumbent routing solutions and their economic model. It is the highest-scale cloud-native disaggregated router software on the market, and is already in PoCs with tier 1 service providers worldwide. It can handle traffic of hundreds of Tb/s in one distributed router cluster and accelerate service providers profitability models in the 5G era.

In addition to closing a $117 million Series A Round, which was led by Bessemer Partners and Pitango Ventures, DriveNets has several prominent private investors which include John Thompson, chairman at Microsoft and former CEO of Symantec, Steve Luczo, former CEO and current chairman of Seagate and former CEO of Palo Alto Networks, Mark McLaughlin.

"The key to DriveNets success at changing the economic and technological model for service providers is pioneering engineering. We chose to build a center of excellence in Bucharest with Tellence who have an impeccable track record in Romania, to fuel that expertise and further hone our technology," - Ido Susan, CEO and Co-Founder, DriveNets.

"DriveNets is leading the way for network transformation to the cloud and we're delighted to be a part of that journey. Building a Romanian facility will be both a fantastic opportunity for harnessing local talent and speeding up time to market to support the incredible market growth of networking services and 5G buildouts," - Efi Levinzon, Director & Co-Founder, Tellence.

About DriveNets

DriveNets helps Communications Service Providers (CSPs) take advantage of the greatest demand surge in Telco history, substantially growing their profitability by changing their technological and economic models. DriveNets' solution - Network Cloud changes the traditional networking architecture that has been in place for the past twenty years by adapting the architectural model of hyperscalers to Telco-grade networking. Network Cloud is a cloud-native software that runs over standard white-boxes, radically simplifying the network's operational model, offering Telco-scale performance at a much lower cost. Find us on LinkedIn.

DriveNets, founded by Ido Susan and Hillel Kobrinsky was founded by two successful Telco entrepreneurs. Susan previously co-founded Intucell, the company that invented the Self Optimizing Network (SON) which was acquired by Cisco in 2013 for $475 million. Kobrinsky founded the web conferencing specialist, Interwise, which was acquired by AT&T for $121 million.

About Tellence

Tellence, established in 2012 by a group of technology professionals, Tellence is a leading provider of high-tech Software & Engineering services. The company is focused on Research & Development and Customer Engineering Support and its Engineering Solution Center handles software development, quality assurance & customer support. Tellence operates in a broad range of industries: Automotive, Telecommunications, Cyber Security, OTT, Broadcasting, SatCom & Semiconductors.

The name "Tellence" is a combination of technology and excellence. In keeping with its name, Tellence offers innovative and advanced solutions that are flexible in providing each customer with the right offering for their needs and scope, as well as deep operational and development experience. The result: uncompromising service that provides the customer with the highest quality solution while also saving them significant costs.

Media Contact:

Judith Arkush
judith@siliconvpr.com
+972 52-351-7698

© 2019 PR Newswire
Solarbranche vor dem Mega-Comeback?
Lange galten Solaraktien als Liebling der Börse, dann kam der herbe Absturz: Zinsschock, Überkapazitäten aus China und ein Preisverfall, der selbst Marktführer wie SMA Solar, Enphase Energy oder SolarEdge massiv unter Druck setzte. Viele Anleger haben der Branche längst den Rücken gekehrt.

Doch genau das könnte jetzt die Chance sein!
Die Kombination aus KI-Explosion und Energiewende bringt die Branche zurück ins Rampenlicht:
  • Rechenzentren verschlingen Megawatt – Solarstrom bietet den günstigsten Preis je Kilowattstunde
  • Moderne Module liefern Wirkungsgrade wie Atomkraftwerke
  • hina bremst Preisdumping & pusht massiv den Ausbau
Gleichzeitig locken viele Solar-Aktien mit historischen Tiefstständen und massiven Short-Quoten, ein perfekter Nährboden für Kursrebound und Squeeze-Rally.

In unserem exklusiven Gratis-Report zeigen wir dir, welche 4 Solar-Aktien besonders vom Comeback profitieren dürften und warum jetzt der perfekte Zeitpunkt für einen Einstieg sein könnte.

Laden Sie jetzt den Spezialreport kostenlos herunter, bevor die Erholung am Markt beginnt!

Dieses Angebot gilt nur für kurze Zeit – also nicht zögern, jetzt sichern!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.