NetBox Labs Secures $35 Million to Transform Infrastructure Operations

NetBox Labs, a provider of network and infrastructure management technology, has successfully raised $35 million in Series B funding.

The company is the commercial owner of NetBox, an open-source network and infrastructure management stack widely used by tens of thousands of enterprises, including many Fortune 500 companies, hyper-scalers, and government entities worldwide.

NetBox asserts that its core platform has quickly become the standard for building, managing, and automating modern technology infrastructure, enhancing innovation and streamlining operations. The platform also ensures compliance with crucial performance and security standards.

With a robust community of contributors and partners, NetBox offers numerous features across its ecosystem, including NetBox Discovery for automated device discovery and NetBox Assurance for maintaining infrastructure integrity. The company recently announced the launch of NetBox Operator, an AI-driven operations platform tailored for network and infrastructure teams.

In 2023, NetBox Labs previously secured $20 million in Series A funding to assist organizations grappling with complex, evolving networks and infrastructure. The new funding will drive further innovation and expansion, including new hires in customer success, engineering, marketing, product development, partnerships, and sales.

“The demand for modernizing complex infrastructure frameworks that power today’s digital world is growing rapidly,” said Kris Beevers, co-founder and CEO of NetBox Labs. “NetBox has become a vital platform at the heart of modern network and infrastructure management, especially as AI accelerates the need for enhanced infrastructure solutions.”

The recent funding round was led by NGP Capital, with participation from Sorenson Capital and Headline, along with existing investors such as Flybridge Capital and IBM.

Upal Basu of NGP Capital commented, “NetBox Labs is at the forefront of merging open-source innovation with enterprise-grade network automation, making it an ideal solution for the growing demands of complex networks.”

As the industry gears up for significant shifts in infrastructure management, NetBox is poised to solidify its position as a pivotal player in the network operations space.