Glue Networks closes $4.5M Series A round

Faith Merino · March 3, 2011 · Short URL: https://vator.tv/n/17ba

The cloud-based enterprise network service provider is backed by several angel groups

Some day we're all going to work from home and think back with disgust on the bad old days of having to get dressed and put on deodorant for work.

In 2010, about three million people (about 2% of the U.S. workforce) worked from home full-time, according to Telework Research Network. Another 15 to 20 million work from home part-time. As work moves out of the corporate office and into the home office, new complications are arising, such as network security. Glue Networks, an enterprise-grade cloud networking service provider, is aiming to solve some of those problems, and on Thursday announced the close of a $4.5 million Series A round of funding led by Keiretsu Forum, San Joaquin Angels, Sierra Angels, Sacramento Angels, Sand Hill Angels,and Harvard Angels.

Founded in 2007, the Sacramento, Calif.-based company's flagship product, Glue Virtual Office, is a low-cost cloud-based solution to extending corporate networks to home offices and teleworkers to deliver the high-bandwidth, high-security, and real-time applications that most large companies rely on. The product is powered by the company's patent-pending GLUWARE technology and is available via a monthly subscription.

“Our focus to date has been on developing and launching a robust enterprise class platform ready for deploying thousands of end users per day, and this funding will help us accelerate the adoption of our game-changing technology and service," said Glue Networks CEO Jeff Gray in a prepared statement. 

Networking solutions for large enterprises are on the move, as cloud-based technologies and social media are making it possible for a company to organize a large, geographically scattered workforce. In January, Tibco launched Tibbr, an enterprise social network that married the connectivity of Facebook with the enterprise need for productivity and efficiency. Using Tibbr, employees that may have never met and live thousands of miles away can connect online to address specific work-related issues. 

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