Skip to main content

NetBox Labs Raises $20 Million in Series A Funding

NetBox Labs raised $20 million in Series A funding.

Flybridge Capital is leading the investment with participation from GGV Capital, Grafana Labs CEO Raj Dutt, Mango Capital, Salesforce Ventures, Two Sigma Ventures, IBM, the Founder Collective, and Entrée Capital. As part of the round, David Aronoff of Flybridge, Raj Dutt of Grafana Labs, and Glenn Solomon of GGV Capital will join the board.

“Once in a decade you have the opportunity to support an organization and leadership team that has proven its ability to win previously and whose technology has widespread customer adoption before even raising Series A funding. NetBox Labs is such a company,” said David Aronoff, general partner at Flybridge. “We believe NetBox’s role as a network source of truth is critical to the future of network automation and will fundamentally change the industry.”

The Series A round comes on the heels of the company’s spin-out from NS1, which was recently acquired by IBM. Kris Beevers, former CEO of NS1, is leading NetBox Labs as co-founder and chief executive officer, with NetBox Lead Maintainer Jeremy Stretch also serving as a co-founder. Former NS1 executives in finance, operations, technology, product, and business development, as well as more than a dozen dedicated team members, round out the NetBox Labs staff. The company will be headquartered in New York City with a global, remote workforce.

NetBox was developed and proven over the past seven years to be a critical tool at the center of the networking strategies of every type of enterprise. NetBox eliminates messy spreadsheets and serves as the foundation to drive device provisioning, automated testing, monitoring updates, and more.

“With the increasingly dynamic, distributed, and critical nature of networks, combined with the explosion of devices and the rapid transition of every enterprise to SaaS and connected systems, networking teams are feeling the crunch. In this reality, network automation is a critical priority,” said Stretch. “NetBox has become a linchpin technology enabling organizations to accelerate their automation journeys and take back control of their networks.”

The Series A investment will enable NetBox Labs to scale development and delivery of open source NetBox and NetBox Cloud, a hosted NetBox solution with specific performance and service level agreements and commercial support. Dozens of customers, including Chewy, Dartmouth College, and Constant Contact, already rely on NetBox Cloud as a network source of truth to drive their network automation strategy. With intro, standard, and enterprise plans available, NetBox Cloud eliminates the administrative overhead associated with hosting and managing enterprise-grade NetBox instances while adding features for reliability, security, compliance, and more.

“NetBox is unequivocally the dominant network source of truth on the market today, and we are committed to making sure it’s the first choice for every networking professional on the planet, whether they are an open source or commercial user,” said Beevers. “NetBox Labs is backed by some of the most successful and experienced visionaries and investors in open source businesses — including early investors in MongoDB and HashiCorp. With this DNA in our team and board, we will accelerate the open source transformation of the networking industry, starting with NetBox.”

The Latest

As enterprises accelerate their cloud adoption strategies, CIOs are routinely exceeding their cloud budgets — a concern that's about to face additional pressure from an unexpected direction: uncertainty over semiconductor tariffs. The CIO Cloud Trends Survey & Report from Azul reveals the extent continued cloud investment despite cost overruns, and how organizations are attempting to bring spending under control ...

Image
Azul

According to Auvik's 2025 IT Trends Report, 60% of IT professionals feel at least moderately burned out on the job, with 43% stating that their workload is contributing to work stress. At the same time, many IT professionals are naming AI and machine learning as key areas they'd most like to upskill ...

Businesses that face downtime or outages risk financial and reputational damage, as well as reducing partner, shareholder, and customer trust. One of the major challenges that enterprises face is implementing a robust business continuity plan. What's the solution? The answer may lie in disaster recovery tactics such as truly immutable storage and regular disaster recovery testing ...

IT spending is expected to jump nearly 10% in 2025, and organizations are now facing pressure to manage costs without slowing down critical functions like observability. To meet the challenge, leaders are turning to smarter, more cost effective business strategies. Enter stage right: OpenTelemetry, the missing piece of the puzzle that is no longer just an option but rather a strategic advantage ...

Amidst the threat of cyberhacks and data breaches, companies install several security measures to keep their business safely afloat. These measures aim to protect businesses, employees, and crucial data. Yet, employees perceive them as burdensome. Frustrated with complex logins, slow access, and constant security checks, workers decide to completely bypass all security set-ups ...

Image
Cloudbrink's Personal SASE services provide last-mile acceleration and reduction in latency

In MEAN TIME TO INSIGHT Episode 13, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses hybrid multi-cloud networking strategy ... 

In high-traffic environments, the sheer volume and unpredictable nature of network incidents can quickly overwhelm even the most skilled teams, hindering their ability to react swiftly and effectively, potentially impacting service availability and overall business performance. This is where closed-loop remediation comes into the picture: an IT management concept designed to address the escalating complexity of modern networks ...

In 2025, enterprise workflows are undergoing a seismic shift. Propelled by breakthroughs in generative AI (GenAI), large language models (LLMs), and natural language processing (NLP), a new paradigm is emerging — agentic AI. This technology is not just automating tasks; it's reimagining how organizations make decisions, engage customers, and operate at scale ...

In the early days of the cloud revolution, business leaders perceived cloud services as a means of sidelining IT organizations. IT was too slow, too expensive, or incapable of supporting new technologies. With a team of developers, line of business managers could deploy new applications and services in the cloud. IT has been fighting to retake control ever since. Today, IT is back in the driver's seat, according to new research by Enterprise Management Associates (EMA) ...

In today's fast-paced and increasingly complex network environments, Network Operations Centers (NOCs) are the backbone of ensuring continuous uptime, smooth service delivery, and rapid issue resolution. However, the challenges faced by NOC teams are only growing. In a recent study, 78% state network complexity has grown significantly over the last few years while 84% regularly learn about network issues from users. It is imperative we adopt a new approach to managing today's network experiences ...

Image
Broadcom

NetBox Labs Raises $20 Million in Series A Funding

NetBox Labs raised $20 million in Series A funding.

Flybridge Capital is leading the investment with participation from GGV Capital, Grafana Labs CEO Raj Dutt, Mango Capital, Salesforce Ventures, Two Sigma Ventures, IBM, the Founder Collective, and Entrée Capital. As part of the round, David Aronoff of Flybridge, Raj Dutt of Grafana Labs, and Glenn Solomon of GGV Capital will join the board.

“Once in a decade you have the opportunity to support an organization and leadership team that has proven its ability to win previously and whose technology has widespread customer adoption before even raising Series A funding. NetBox Labs is such a company,” said David Aronoff, general partner at Flybridge. “We believe NetBox’s role as a network source of truth is critical to the future of network automation and will fundamentally change the industry.”

The Series A round comes on the heels of the company’s spin-out from NS1, which was recently acquired by IBM. Kris Beevers, former CEO of NS1, is leading NetBox Labs as co-founder and chief executive officer, with NetBox Lead Maintainer Jeremy Stretch also serving as a co-founder. Former NS1 executives in finance, operations, technology, product, and business development, as well as more than a dozen dedicated team members, round out the NetBox Labs staff. The company will be headquartered in New York City with a global, remote workforce.

NetBox was developed and proven over the past seven years to be a critical tool at the center of the networking strategies of every type of enterprise. NetBox eliminates messy spreadsheets and serves as the foundation to drive device provisioning, automated testing, monitoring updates, and more.

“With the increasingly dynamic, distributed, and critical nature of networks, combined with the explosion of devices and the rapid transition of every enterprise to SaaS and connected systems, networking teams are feeling the crunch. In this reality, network automation is a critical priority,” said Stretch. “NetBox has become a linchpin technology enabling organizations to accelerate their automation journeys and take back control of their networks.”

The Series A investment will enable NetBox Labs to scale development and delivery of open source NetBox and NetBox Cloud, a hosted NetBox solution with specific performance and service level agreements and commercial support. Dozens of customers, including Chewy, Dartmouth College, and Constant Contact, already rely on NetBox Cloud as a network source of truth to drive their network automation strategy. With intro, standard, and enterprise plans available, NetBox Cloud eliminates the administrative overhead associated with hosting and managing enterprise-grade NetBox instances while adding features for reliability, security, compliance, and more.

“NetBox is unequivocally the dominant network source of truth on the market today, and we are committed to making sure it’s the first choice for every networking professional on the planet, whether they are an open source or commercial user,” said Beevers. “NetBox Labs is backed by some of the most successful and experienced visionaries and investors in open source businesses — including early investors in MongoDB and HashiCorp. With this DNA in our team and board, we will accelerate the open source transformation of the networking industry, starting with NetBox.”

The Latest

As enterprises accelerate their cloud adoption strategies, CIOs are routinely exceeding their cloud budgets — a concern that's about to face additional pressure from an unexpected direction: uncertainty over semiconductor tariffs. The CIO Cloud Trends Survey & Report from Azul reveals the extent continued cloud investment despite cost overruns, and how organizations are attempting to bring spending under control ...

Image
Azul

According to Auvik's 2025 IT Trends Report, 60% of IT professionals feel at least moderately burned out on the job, with 43% stating that their workload is contributing to work stress. At the same time, many IT professionals are naming AI and machine learning as key areas they'd most like to upskill ...

Businesses that face downtime or outages risk financial and reputational damage, as well as reducing partner, shareholder, and customer trust. One of the major challenges that enterprises face is implementing a robust business continuity plan. What's the solution? The answer may lie in disaster recovery tactics such as truly immutable storage and regular disaster recovery testing ...

IT spending is expected to jump nearly 10% in 2025, and organizations are now facing pressure to manage costs without slowing down critical functions like observability. To meet the challenge, leaders are turning to smarter, more cost effective business strategies. Enter stage right: OpenTelemetry, the missing piece of the puzzle that is no longer just an option but rather a strategic advantage ...

Amidst the threat of cyberhacks and data breaches, companies install several security measures to keep their business safely afloat. These measures aim to protect businesses, employees, and crucial data. Yet, employees perceive them as burdensome. Frustrated with complex logins, slow access, and constant security checks, workers decide to completely bypass all security set-ups ...

Image
Cloudbrink's Personal SASE services provide last-mile acceleration and reduction in latency

In MEAN TIME TO INSIGHT Episode 13, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses hybrid multi-cloud networking strategy ... 

In high-traffic environments, the sheer volume and unpredictable nature of network incidents can quickly overwhelm even the most skilled teams, hindering their ability to react swiftly and effectively, potentially impacting service availability and overall business performance. This is where closed-loop remediation comes into the picture: an IT management concept designed to address the escalating complexity of modern networks ...

In 2025, enterprise workflows are undergoing a seismic shift. Propelled by breakthroughs in generative AI (GenAI), large language models (LLMs), and natural language processing (NLP), a new paradigm is emerging — agentic AI. This technology is not just automating tasks; it's reimagining how organizations make decisions, engage customers, and operate at scale ...

In the early days of the cloud revolution, business leaders perceived cloud services as a means of sidelining IT organizations. IT was too slow, too expensive, or incapable of supporting new technologies. With a team of developers, line of business managers could deploy new applications and services in the cloud. IT has been fighting to retake control ever since. Today, IT is back in the driver's seat, according to new research by Enterprise Management Associates (EMA) ...

In today's fast-paced and increasingly complex network environments, Network Operations Centers (NOCs) are the backbone of ensuring continuous uptime, smooth service delivery, and rapid issue resolution. However, the challenges faced by NOC teams are only growing. In a recent study, 78% state network complexity has grown significantly over the last few years while 84% regularly learn about network issues from users. It is imperative we adopt a new approach to managing today's network experiences ...

Image
Broadcom