Glue Networks Raises $12.4M
SACRAMENTO, Calif. -- 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.