Breaking: NetBox Labs raises $35M Series B led by NGP Capital NetBox surpasses 20,000 GitHub stars Trusted by tens of thousands of teams worldwide Total funding reaches $55M NetBox Assurance now hunting configuration drift From DigitalOcean side project to network source of truth Breaking: NetBox Labs raises $35M Series B led by NGP Capital NetBox surpasses 20,000 GitHub stars Trusted by tens of thousands of teams worldwide Total funding reaches $55M NetBox Assurance now hunting configuration drift From DigitalOcean side project to network source of truth
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NetBox Labs - New York, NY - the open source mark trusted by network engineers worldwide
Company Profile - Infrastructure Software

NetBox Labs

The company behind NetBox - the open source source of truth that thousands of engineering teams use to document, model, and automate their networks.

Founded 2023 New York, USA ~95 employees $55M raised Open source at the core
$55M
Total Funding
20K+
GitHub Stars
2016
NetBox Open-Sourced
10K+
Teams Using NetBox
The Dispatch

The Plumbing Behind Digital Infrastructure

Ask a network engineer where the definitive record of their infrastructure lives, and you will often get an uncomfortable answer: a spreadsheet. NetBox Labs exists to replace that spreadsheet with something teams can actually automate against.

NetBox Labs is the commercial company behind NetBox, an open source platform that has become, in the words of its own team, "the world's most popular source of truth for documenting, modeling, and automating networks and infrastructure." The project began in 2016 as an internal tool built by network engineer Jeremy Stretch at DigitalOcean, released to the world under an open source license. In the decade since, it grew into a fixture of network engineering - the tool practitioners reach for on their own, before any vendor sends an invoice.

The company was formed in 2023 to be the steward of that project. Its founding CEO, Kris Beevers, had previously co-founded and run NS1, a managed DNS company. When IBM acquired NS1's core business in 2023, the NetBox effort spun out as an independent company - carrying forward a tool NS1's own engineers had adopted internally.

What NetBox actually does is deceptively simple. It holds an accurate, structured model of a network: the devices, the racks, the IP addresses, the cables, the virtual machines, the relationships between them. That model becomes the "source of truth" - the thing automation systems, monitoring tools, and engineers all trust to answer the question "what is supposed to be here?"

The problem it solves is the gap between intention and reality. Networks drift. Someone makes a change at 2 a.m., another team reconfigures a switch, and slowly the documentation and the live network stop agreeing. That divergence is where outages hide. NetBox Labs is building the tools to close it.

NetBox has become the linchpin of modern network and infrastructure automation architectures, and we've deepened our ecosystem of partnerships with every key provider in the space.

Kris Beevers - Co-founder & CEO, NetBox Labs

Products & Services

One Model, Several Editions

NetBox Labs follows an open-core model: the core project stays free and open source, while commercial editions add the hosting, security, and automation features that large organizations need.

Open Source - 2016

NetBox

The free, Apache-licensed core. Built in Python on Django with PostgreSQL, it documents and models networks and infrastructure as an automation-ready source of truth.

SaaS - 2023

NetBox Cloud

A fully-hosted edition of NetBox - secure, easy to run, and ready to scale without a team managing the underlying infrastructure.

Self-Managed - 2024

NetBox Enterprise

A fully supported self-managed edition with enterprise features, plus an Air Gap option for the most isolated, high-security environments.

Data Ingestion - 2024

NetBox Discovery

Gathers real network and infrastructure data and ingests it into NetBox, rapidly documenting the actual IT footprint to accelerate intent-based automation.

Drift Detection - 2025

NetBox Assurance

Continuously identifies, analyzes, and reports on operational drift - the deviations between how infrastructure should be configured and how it actually is.

AI - 2025

NetBox Copilot / Nitro AI

An AI-powered assistant that helps teams explore, understand, and act on their NetBox data in plain language.

Who Uses It

The Customers

NetBox's reach starts from the bottom up. Tens of thousands of engineering teams run the open source version worldwide. Among the commercial customers are dozens of Fortune 500 companies, hyperscalers, AI scale-ups, global network providers, and government agencies - organizations whose networks are too large and too critical for a spreadsheet.

The typical user is a network engineer, an infrastructure or DevOps team, or a platform operator: the people responsible for knowing what is deployed, where, and why. As Beevers frames it, these teams "trust NetBox Labs to operate, understand, automate, and secure their infrastructures."

The Problem

Killing the Spreadsheet

Most networks are still documented in tools never meant for the job - spreadsheets, wikis, and tribal memory. That works until scale breaks it. At ten thousand devices, the master spreadsheet becomes the single largest source of risk in the building: outdated, error-prone, and impossible to automate against.

NetBox turns that record into a structured, queryable model. Discovery keeps it grounded in what actually exists; Assurance flags when reality drifts from intent. The payoff is automation you can trust, because it runs against data you can trust.

Automation is only as good as its source of truth. NetBox Labs starts by fixing the truth.
The Differentiator

How It Stands Apart

The market for infrastructure documentation is not empty. Legacy DCIM and IPAM tools, network discovery products from vendors like Device42, NetBrain, Infoblox and SolarWinds, and broad CMDB platforms such as ServiceNow all overlap with parts of what NetBox does. And, of course, the incumbent everyone actually competes with is the spreadsheet.

NetBox Labs' distinction is its open source foundation. Rather than a closed product sold top-down to executives, NetBox spread bottom-up through the engineers who use it daily. That adoption built trust and a community of hundreds of contributors before the company monetized a single feature.

Its second distinction is philosophy: NetBox is built to be automated against, not just looked at. The data model is designed as an API-first source of truth that plugs into automation pipelines - which is why it has become a common anchor point in modern network automation stacks rather than a static inventory.

The company's stated values reinforce the approach - "own it," "keep it simple," and "community first." The last one is not decoration: the creator of NetBox carries the title Chief NetBox Officer, and the open source project remains free under the Apache 2 license even as the commercial business grows around it.

The Money

Funding & Backing

Series A - 2023$20M
$20M
Series B - Jul 2025$35M
$35M
Total raised to date: $55M

The $35M Series B, announced July 14, 2025, was led by NGP Capital, with Sorenson Capital and Headline joining as new investors and existing backers Notable Capital, Flybridge, Two Sigma, Mango, Salesforce Ventures, and IBM participating.

The earlier $20M Series A was led by Flybridge Capital, with GGV Capital, Mango Capital, Salesforce Ventures, Two Sigma Ventures, IBM, Founder Collective, Entree Capital, and Grafana Labs CEO Raj Dutt.

The company said the Series B would fund hiring across customer success, engineering, marketing, product, partnerships, and sales to meet global demand.

The Record

How It Got Here

'16

NetBox open-sourced

Jeremy Stretch's internal DigitalOcean tool is released to the world under an open source license.

'23

NetBox Labs founded

Kris Beevers and co-founders launch the company as commercial steward of NetBox after NS1's sale to IBM.

'23

$20M Series A

Flybridge Capital leads the round to drive the open source transformation of networking.

'24

NetBox Enterprise ships

A fully supported self-managed edition debuts, including an Air Gap option for secure environments.

'24

Discovery & Assurance

New products target automated discovery and continuous operational drift detection.

'25

$35M Series B

NGP Capital leads the round, bringing total funding to $55M amid AI-driven infrastructure demand.

Leadership

Who's Behind It

Co-founder & CEO

Kris Beevers

Previously co-founded and led NS1 (managed DNS) through its acquisition by IBM before founding NetBox Labs.

Chief NetBox Officer

Jeremy Stretch

The original creator of NetBox, who built it as a network engineer at DigitalOcean in 2016.

Founding Team

The Rest of the Bench

Co-founders include COO Salil Jani, CTO Shannon Weyrick, CPO Mark Coleman, and CRO Bill Lapcevic.

Notebook

Facts Worth Keeping

NetBox was born as an internal side project at DigitalOcean in 2016 - not as a product anyone set out to sell.

The first 10,000 GitHub stars took about six years. The next 10,000 took four.

The project ships roughly one release every ten days, sustained by hundreds of contributors.

The person who created NetBox now holds the literal title "Chief NetBox Officer."

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Interviews & Demos

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Frequently Asked

What does NetBox Labs do?
It is the company behind NetBox, an open source network source of truth, and sells commercial products - NetBox Cloud, NetBox Enterprise, NetBox Discovery, and NetBox Assurance - that help organizations document, model, and automate their networks and infrastructure.
Is NetBox free?
Yes. The core NetBox project is free and open source under the Apache 2 license. NetBox Labs offers paid hosted, self-managed, and add-on editions with additional features and support.
Who founded NetBox Labs?
It was founded in 2023 by CEO Kris Beevers with co-founders including Salil Jani, Shannon Weyrick, Mark Coleman, and Bill Lapcevic. Jeremy Stretch, NetBox's original creator, serves as Chief NetBox Officer.
How much funding has NetBox Labs raised?
$55M total - a $20M Series A in 2023 and a $35M Series B led by NGP Capital in July 2025.
Who uses NetBox?
Tens of thousands of engineering teams worldwide, including dozens of Fortune 500 companies, hyperscalers, AI data center operators, network providers, and government agencies.
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