The network doesn’t lie, it remembers everything. Every circuit. Every VLAN. Every forgotten diagram taped to the side of a rack in a broom-closet datacenter that someone still swears is “production.” And in a world where AI workloads are stacking GPUs like poker chips and legacy systems are breaking under the weight of their own spreadsheets, one truth is clearer than ever: if your infrastructure doesn’t know itself, it can’t scale.
NetBox Labs just dropped a $35 million Series B to make sure it does. Led by NGP Capital, with new firepower from Sorenson Capital and Headline, and returning conviction from Flybridge Capital, Notable Capital, Mango Capital, Salesforce Ventures, Two Sigma Ventures, and IBM, this round isn’t about hype. It’s about readiness. Readiness for a world that no longer tolerates guesswork in infrastructure.
Let’s rewind. In 2015, Jeremy Stretch built NetBox to clean up the chaos he saw daily as a network engineer at DigitalOcean. It was open source from day one, built not to sell, but to solve. Fast forward: 16,000+ GitHub stars, 8,000 Slack community members, and enterprise deployments that range from Chewy to CoreWeave to Constant Contact. NetBox Labs became official in 2023 after spinning out from NS1 (post-IBM acquisition), with a founding team that reads like the Avengers of modern infrastructure: Kris Beevers as CEO, Jeremy Stretch as Chief NetBox Officer, Shannon Weyrick as CTO, Salil Jani as COO, Bill Lapcevic as CRO, and Mark Coleman as Chief Evangelist. No filler, just firepower.
This isn’t a startup playing dress-up in enterprise clothes. NetBox Labs is building the backbone for the backbones. NetBox Cloud is their SaaS play with SOC 2 Type II compliance. NetBox Enterprise gives regulated sectors their control. Discovery automates the “what-the-hell-is-this-device” phase. Assurance checks for infrastructure drift before it takes down prod. And Operator? That’s the AI ops layer you’ll be hearing about in every boardroom chasing the AI gold rush.
$55 million in total funding and commercial services across six global regions later, NetBox Labs isn’t just managing networks; they’re redefining how infrastructure thinks, acts, and evolves. Their stack is Python, Django, GraphQL, PostgreSQL, and plug-and-play extensibility for days. Their roadmap? Deep ITSM integrations, AI data center support, and one big push into a $17.46 billion market growing at 23.4% CAGR.
