DriveNets, which builds cloud-based network management tools for carriers, emerges from stealth, raises $110M, source says at a valuation between $300M to $500M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
DriveNets, which builds cloud-based network management tools for carriers, emerges from stealth, raises $110M, source says at a valuation between $300M to $500M  —  Software is eating the world, and today a startup that's taking this maxim to the world of telecoms has raised a big round of funding as it comes out of stealth.

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