Glue Networks Raises $4.5M in Series A Financing

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Summary

Glue Networks, Inc., a Sacramento, CA-based developer and provider of an enterprise-grade cloud networking service, has raised $4.5m in Series A financing.The company intends to use the funds to ramp up its sales efforts and customer-support capabilities.Founded in 2007 and led by CEO Jeff Gray, Glue Networks makes available Glue Virtual Office™, which is designed to extend corporate networks to remote offices and teleworkers at low cost, allowing organizations of all sizes to deliver the high-security, high-bandwidth, real-time applications required by their workforce.Powered by the company’s patent-pending GLUWARETM technology, the product is delivered as a service through an affordable monthly subscription.It is sold through partnerships between the company and top service providers and value-added resellers.

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Amount $4.5M Total raised
Date March 3, 2011 Announcement date
Investors Sierra Angels, Sand Hill Angels, San Joaquin Angels, Sacramento Angels Lead investors
Company http://www.gluenetworks.com Funded company

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