NetBox Labs Raises $35M Series B to Accelerate the Future of Infrastructure Automation

As AI, cloud, and edge computing put increasing pressure on modern infrastructure, network teams are scrambling to replace legacy tools with systems that offer scale, observability, and automation. Into this environment, NetBox Labs has secured a fresh $35 million in Series B funding, aiming to become the backbone of this new network era.

Led by NGP Capital (Nokia) and joined by Salesforce Ventures, IBM, Notable Capital, and others, this round gives the NYC-based company the fuel it needs to expand globally and meet surging enterprise demand for infrastructure intelligence.

From Documentation Tool to Network Nervous System

At its core, NetBox Labs is the commercial steward of NetBox, the open-source network and infrastructure management platform trusted by Fortune 500 firms, AI hyperscalers, financial institutions, and public agencies alike. But NetBox is more than a documentation tool—it’s fast becoming the central source of truth and automation engine for distributed, business-critical infrastructure.

The NetBox ecosystem has expanded significantly. Today, its flagship offerings include:

• NetBox: the authoritative system of record for networks
• NetBox Discovery: automated asset discovery for infrastructure visibility
• NetBox Assurance: drift detection to ensure network reality matches design
• NetBox Operator: an agentic AI platform powering operations at scale

This suite gives teams the power to automate configuration, validate network intent, and uncover issues before they impact uptime—all while simplifying management across cloud, on-prem, and hybrid environments.

Why This Funding Round Matters

As NetBox CEO Kris Beevers explains, “There’s a race to expand and modernize the complex infrastructure that keeps every aspect of today’s digital world quick, resilient, secure, and manageable.” And in that race, AI deployments are leading the charge.

Case in point: CoreWeave, a leading AI infrastructure provider, is using NetBox Cloud to accelerate the rollout of dozens of new data centers per year. “Deploying our infrastructure even a month sooner directly impacts our revenue,” said Jim Julson, head of network at CoreWeave. “NetBox is crucial for enabling that kind of speed through automation.”

By replacing patchwork solutions and spreadsheets with a unified system that integrates deeply into existing IT ecosystems, NetBox Labs is positioning itself as the default operating layer for infrastructure teams around the world.

Open Source at Enterprise Scale

NetBox Labs represents a rare convergence of community-driven innovation and enterprise-grade delivery. Tens of thousands of engineers use NetBox, and its open-source foundation ensures adaptability, transparency, and extensibility. The company’s investments into plugins, integrations, and enterprise offerings—including air-gapped editions and SOC 2 compliance—allow it to scale into the most demanding sectors.

According to Upal Basu of NGP Capital, “NetBox Labs is poised to become the de facto platform for network operations, observability, automation, and security. Every infrastructure team in the world knows NetBox.”

Infrastructure Under Strain: Why This Tech Matters

The global shift toward AI, cloud-native applications, and edge computing is putting enormous pressure on existing network infrastructure. Enterprises are no longer managing static, centralized environments—they’re orchestrating thousands of interconnected systems across regions, vendors, and formats. This complexity makes traditional infrastructure management tools—often a mix of outdated spreadsheets, siloed documentation, and ad-hoc automation—no longer sufficient.

That’s where platforms like NetBox come in. By serving as a centralized “source of truth” for everything from IP addresses to physical cabling and virtual networks, NetBox helps teams model their infrastructure with precision, detect when real-world conditions drift from intended designs, and automate configurations accordingly. These capabilities are especially critical in environments like AI data centers, where speed, scale, and uptime are tied directly to business outcomes.

As AI adoption accelerates, the demands on infrastructure will only increase. The implications are clear: companies that fail to modernize their infrastructure operations will face bottlenecks in deploying new technologies, higher operational costs, and increased security risks. Platforms like NetBox are becoming essential not because they promise disruption—but because they offer the predictability, consistency, and automation needed to scale safely.

In this context, NetBox Labs’ funding signals broader industry momentum: infrastructure teams are being asked to do more with less, and they’re turning to platforms that can unify visibility, simplify operations, and enable automation at scale.