Latest news with #NetBoxLabs
Business Insider
4 days ago
- Business
- Business Insider
NetBox Labs raised $35 million amid an AI-driven infrastructure boom. See the pitch deck it used to land its Series B funding.
New York City-based NetBox Labs was cofounded in 2023 by CEO Kris Beevers as the for-profit steward of 10-year-old NetBox, an open-source network and infrastructure platform used by tens of thousands of companies globally. NetBox Labs offers five products built on top of the open-source software with advanced features to make it easier to run, Beevers said, including additional security and support, automation tools, and an AI assistant. It makes money by charging subscriptions based on the tools used and the size of a client's infrastructure. Sorenson Capital and Headline participated in the round, as did existing investors Flybridge Capital, Notable Capital, Mango Capital, Salesforce Ventures, Two Sigma Ventures, and IBM. The company had previously raised $20 million in Series A funding. AI is fueling demand for infrastructure services, and NetBox Labs' revenue is in the single-digit millions, Beevers said. It reinvests a "big chunk" back into the open-source tool. The company has roughly 200 customers, including AI data center giant CoreWeave, for whom it helps manage data center configurations and design future facilities. It also works with non-AI-focused companies, whose infrastructure has become more complex and dynamic amid ongoing digitization in recent years, Beevers said. This includes departments of transportation across the country — managing toll booths, speed cameras, and more— as well as ARM, Cisco, Constant Contact, J.P. Morgan, Kaiser Permanente, and Riot Games. The investment will be used to hire across engineering and sales. Beevers said the company will surpass 100 employees this year. Beevers previously served as the cofounder and CEO of NS1, which spun out NetBox Labs after selling the other part of its business to IBM in 2023. Jeremy Stretch, the creator of NetBox, also serves as a cofounder at NetBox Labs. Here's a look at the pitch deck the startup used to raise its $35 million Series B. Certain slides have been edited and removed so that the deck can be shared publicly. Network and Infrastructure Management Is Growing More Painful, Exponentially NetBox = Leverage to Massive Platform Play NetBox Wins in an AI World
Business Insider
4 days ago
- Business
- Business Insider
NetBox Labs raised $35 million amid an AI-driven infrastructure boom. See the pitch deck it used to land its Series B funding.
NetBox Labs, an infrastructure management startup, raised $35 million in Series B funding in July, led by NGP Capital. It shared its pitch deck with Business Insider. New York City-based NetBox Labs was cofounded in 2023 by CEO Kris Beevers as the for-profit steward of 10-year-old NetBox, an open-source network and infrastructure platform used by tens of thousands of companies globally. NetBox Labs offers five products built on top of the open-source software with advanced features to make it easier to run, Beevers said, including additional security and support, automation tools, and an AI assistant. It makes money by charging subscriptions based on the tools used and the size of a client's infrastructure. Sorenson Capital and Headline participated in the round, as did existing investors Flybridge Capital, Notable Capital, Mango Capital, Salesforce Ventures, Two Sigma Ventures, and IBM. The company had previously raised $20 million in Series A funding. AI is fueling demand for infrastructure services, and NetBox Labs' revenue is in the single-digit millions, Beevers said. It reinvests a "big chunk" back into the open-source tool. The company has roughly 200 customers, including AI data center giant CoreWeave, for whom it helps manage data center configurations and design future facilities. It also works with non-AI-focused companies, whose infrastructure has become more complex and dynamic amid ongoing digitization in recent years, Beevers said. This includes departments of transportation across the country — managing toll booths, speed cameras, and more— as well as ARM, Cisco, Constant Contact, J.P. Morgan, Kaiser Permanente, and Riot Games. The investment will be used to hire across engineering and sales. Beevers said the company will surpass 100 employees this year. Beevers previously served as the cofounder and CEO of NS1, which spun out NetBox Labs after selling the other part of its business to IBM in 2023. Jeremy Stretch, the creator of NetBox, also serves as a cofounder at NetBox Labs. Here's a look at the pitch deck the startup used to raise its $35 million Series B. Certain slides have been edited and removed so that the deck can be shared publicly. NetBox Labs NetBox Labs NetBox Labs NetBox Labs NetBox Labs NetBox Labs NetBox Labs NetBox Labs NetBox Labs NetBox Labs NetBox Labs
Associated Press
02-04-2025
- Business
- Associated Press
NetBox Labs Announces Availability of NetBox Assurance
NetBox Labs, the company behind NetBox, the world's most popular open source network and infrastructure management platform, today announced that NetBox Assurance is now available for customers. NetBox Assurance enables IT teams to maintain accurate documentation and understanding of their network operations. It detects operational drift, the differences between the intended network state (what is documented in NetBox) and the operational network state (what is actually running in the network). Finding and resolving operational drift is a game-changer for IT teams relying on accurate documentation as the foundation for network and infrastructure automation, compliance and security, and operational excellence. With NetBox Assurance, teams accelerate automation, reduce time to resolve network performance issues, and speed operations. 'Since our announcement at AutoCon2 in November, we've seen massive demand for NetBox Assurance from organizations looking to solve the eternal challenge of keeping operational infrastructure in line with intended configuration,' said Kris Beevers, CEO of NetBox Labs. 'The enthusiastic participation in our private preview has validated our vision: network teams need powerful, accessible tools to manage and observe their network, maintain accurate documentation, and remain in control of their network configurations.' NetBox Assurance works in conjunction with NetBox Discovery, which includes powerful observability capabilities for network discovery, device discovery, and a growing list of controller discovery integrations with platforms like VMWare vCenter, Juniper Mist, Cisco Catalyst Center, Microsoft DHCP, and AWS VPC IPAM. These integrations help pull the latest information from the network for processing in NetBox Assurance. The solution supports multiple use cases across the network lifecycle: Day 1 - Initial NetBox Population: Teams can rapidly populate an empty NetBox instance while maintaining full control over data quality Day 1.5 - Network Management Maturity: Organizations can continuously improve their documentation processes by identifying areas needing attention, accelerating transformation and automation initiatives Day 2 - Operational Control: Teams can detect and remediate drift immediately, reducing downtime risk, accelerating issue resolution, and reducing the infrastructure attack surface 'With NetBox Assurance, we've addressed one of the most persistent challenges in network operations – the gap between what you think your network looks like and what it actually looks like,' said Richard Boucher, Senior Product Manager at NetBox Labs. 'By closing this gap, we're enabling network teams to operate with greater confidence, security, and control.' NetBox Assurance is built on the foundation of Diode, a source-available project from NetBox Labs that offers a subset of NetBox Assurance functionality. Both solutions share a common API for data ingestion through the Diode SDK, which provides an alternative interface for sending data to NetBox with built-in idempotence, automatic ordering, and other capabilities that simplify the development of high-performance integrations. NetBox Assurance is now available for customers to demo and purchase as an optional add-on for both NetBox Cloud and NetBox Enterprise, with tiered pricing based on the volume of ingested entities per month. The NetBox Discovery observability agent is included with NetBox Assurance, while agent extensions are available in Standard and Premium bundles for Professional and Enterprise tiers. NetBox Labs supports the network and infrastructure community with a growing portfolio of innovative products that span the network operations, observability, security, and automation space. In addition to SaaS and self-managed versions of enterprise-grade NetBox, the company offers airgapped installations, NetBox Discovery, and a growing suite of AI features that enable AI-driven network and infrastructure management. For more information about NetBox Assurance or to request access to the preview, visit or contact [email protected]. About NetBox Labs NetBox Labs makes sense of complex networks and infrastructure. We enable network and IT teams to accelerate automation by delivering open, composable products and supporting the network and infrastructure automation community. NetBox Labs is the commercial steward of open source NetBox, the world's most popular platform for operating, understanding, automating, and securing networks and infrastructure. NetBox Labs delivers a world class portfolio of network and infrastructure management products. NetBox is the world's most popular source of truth for documenting, modeling, and automating networks and infrastructure, NetBox Discovery accelerates network and infrastructure documentation and observability, and NetBox Assurance helps teams identify, understand, and eliminate operational drift. NetBox Labs products are delivered through NetBox Cloud and NetBox Enterprise with advanced features for AI, security, collaboration, and automation. Contact: Kiley Nichols
