Glue Networks raises $12.4m

Glue Networks has raised $12.4 million from private investors following a $4.5 million angel round announced in December of 2010, bringing the company’s total funding to date to $16.9 million. Glue Networks was founded in September 2007 and is currently hiring in engineering, sales, and service delivery.

PRESS RELEASE

Glue Networks has raised $12.4M from private investors following a $4.5M angel round announced in December of 2010, bringing the company’s total funding to date to $16.9M to address growing user interest in bringing agility, speed and price performance to the Branch Wide Area Network (WAN). Glue Networks was founded in September 2007, and has been shipping generally available product since 2011. Funds from this latest round will be used to scale the business. Glue Networks is currently hiring in engineering, sales, and service delivery.

“We bootstrapped Glue Networks and focused on customers and delivering agility and automation to the $120B WAN market. Our Gluware intelligent orchestration engine is rock solid and is deployed in production networks around the world,” said Jeff Gray, CEO and co-founder of Glue Networks. “Users at the recent ONUG Conference selected Software Defined WANs as one of the top 3 SDN use cases most likely to be included in RFIs or RFQs over the next year and with the growing demand we’ve seen from our partners and channels, now is the perfect time for Glue to accelerate our business.”

“Incumbent SDN solutions are focused in the data center and address network virtualization or flow management concerns, which now need to be delivered within the CSP’s WAN. CSPs are looking for an evolution away from manually configured networking devices and toward fluid and dynamic SDNs that support end-to-end control. The problems with current technology are magnified in the WAN because CSPs require voice, video and real-time data services to be delivered to remote locations worldwide, and where manual provisioning is slow and prone to errors,” wrote Akshay Sharma, et al., Research Director at Gartner, in Gartner note ID: G00248539, Cool Vendors in Communications Service Provider Infrastructure, 2013, April 2013.
Glue Networks was named a Gartner Cool Vendor for Communications Service Provider Infrastructure in April of this year and provides the foundation for an application-aware, intelligent, SDN-enabled WAN. Gluware allows rapid provisioning and on-going synchronization of changes in minutes and improves security, stability and lifecycle management of the WAN. The Gluware intelligent engine is highly scalable and automatically deploys, manages and monitors enterprise WAN infrastructure resulting in lower costs and a new level of agility for WAN feature management.

About Glue Networks
Glue Networks pioneered the industry’s first intelligent automation engine and suite of networking applications for Software-Defined Wide Area Networks. Gluware® automates the configuration and management of complex SDWAN deployments, accelerating time to value, reducing, and dramatically increasing the ability to respond to change. Additional information is available at https://www.gluenetworks.com or @gluenetworks

Glue Networks, Gluware and the Glue Networks logo are trademarks or registered trademarks of Glue Networks.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

For Glue Networks
Mari Mineta Clapp
mari@gluenetworks.com
(408) 398-6433
###

Related Posts

Leave a Reply

PEHUB Community

Join the 12493 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

Look Who’s Tweeting

Reuters VC and PE feed

RSS Feed Widget

Groups