NetBox Labs secures $35M as demand for network infrastructure management surges

Summary

The platform’s technical foundation centers on modeling infrastructure relationships in detail. The NetBox model encodes realistic relationships, such as an IP address’s provision on an interface, where the interface is on the switch, and where the switch sits in a rack. In addition, NetBox Labs has expanded the core platform with complementary products that address operational pain points while leveraging the central data repository. NetBox Discovery provides automated network device and service discovery, maintaining continuous synchronization between documented infrastructure state and actual deployments. The discovery engine identifies configuration drift and populates NetBox with real-world topology data, solving the perennial problem of outdated network documentation in dynamic environments. The NetBox Assurance technology that builds on discovery became generally available in April. It provides configuration compliance and drift detection capabilities that are becoming essential for security and operational excellence. The platform continuously compares intended infrastructure state as modelled in NetBox with deployed configurations, identifying deviations. The market response to assurance capabilities has been particularly strong. “Probably about 40% of the customers that are coming to us these days are buying Assurance,” Beevers noted. AI infrastructure demands drive market growth The AI infrastructure boom has created unprecedented demand for sophisticated network management capabilities, particularly among organizations deploying large-scale GPU clusters and high-performance computing environments. CoreWeave, one of the fastest-growing AI cloud providers, exemplifies this trend as one of NetBox Labs’ largest customers.