NetBox Labs Secures $35M Funding to Boost AI Data Center Infrastructure Management

NetBox Labs Secures $35M in Series B Funding

NetBox Labs, the primary commercial steward of the open-source NetBox project, has successfully closed a $35 million Series B funding round. The investment was led by NGP Capital, with participation from Sorenson Capital, Headline, and existing investors including Flybridge Capital, Notable Capital, Mango Capital, Salesforce Ventures, Two Sigma Ventures, and IBM 1

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Source: CRN

The NetBox Platform: A Central Nervous System for AI Data Centers

NetBox is a network infrastructure management stack that serves as the central nervous system for data center networks. It offers a comprehensive solution for companies racing to scale their infrastructure to support new artificial intelligence applications and systems. The platform provides API-based functionality for tasks such as IP address management, data center resources management, and other essential networking operations 1

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Source: SiliconANGLE

Growing Adoption and Market Impact

The open-source version of NetBox has garnered over 18,000 stars on GitHub, while its commercial offering, NetBox Cloud, is utilized by thousands of enterprises as their network's source of truth. Notable clients include several Fortune 500 organizations, data center hyperscalers, AI scale-ups, and various government agencies globally 1

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Accelerating AI Infrastructure Development

One of NetBox Labs' prominent customers is CoreWeave, a publicly traded data center operator offering cloud-based GPU access for AI workloads. Jim Julson, CoreWeave's head of networks, emphasized the crucial role of NetBox in their operations:

"We're building dozens of new AI data centers every year, and they're full of complex infrastructure. NetBox is crucial for accelerating our timelines with automation. Deploying our infrastructure even a month sooner as the result of these efficiencies directly impacts our revenue, and NetBox enables streamlined operations and automation once infrastructure is in production." 1

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Recent Platform Enhancements

NetBox Labs has been actively developing new features for the platform, including:

1. NetBox Discovery: A system for automating network and device discovery
2. NetBox Assurance: For identifying and rectifying infrastructure that deviates from its intended state
3. NetBox Operator: An agentic AI operations tool that accelerates automation for networking teams 1

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Market Outlook and Future Plans

The funding comes at a time when global AI spending is projected to increase by 60% year-over-year in 2025, reaching $360 billion according to IDC. The United States leads in AI infrastructure spending, followed by China, Asia/Pacific (excluding Japan), and Europe, Middle East, and Africa 2

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NetBox Labs plans to use the new funding to:

1. Further accelerate innovation
2. Scale to meet global market demand
3. Expand hiring across customer success, engineering, marketing, product, partnerships, and sales teams 1

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Kris Beevers, co-founder and CEO of NetBox Labs, stated, "NetBox is now a ubiquitous platform at the heart of a composable network and infrastructure management stack, with adoption soaring even more as AI drives massive demand for infrastructure." 1

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As AI continues to fuel demand for new data centers and infrastructure that is both secure and high-performing, NetBox Labs is positioning itself as a key player in helping enterprises build and manage the complex network infrastructure required for this new era of computing.