Glue Networks Secures $4.5 Million in Series A Financing

SACRAMENTO, Calif.--(BUSINESS WIRE)--Glue Networks, Inc., developer and provider of the world’s first enterprise-grade cloud networking service, today announced that it has secured $4.5 million in Series A financing to ramp up its sales efforts and customer-support capabilities.

“Once industry veterans within top angel groups became aware of the maturity and power of Glue’s platform, we were able to rapidly close on our significant Series A financing”

The new investment comes during a period in which competition for Series A technology investments has been fierce and funding has remained generally low.

Series A investors in Glue Networks include Keiretsu Forum, San Joaquin Angels, Sierra Angels, Sacramento Angels, Sand Hill Angels and Harvard Angels.

“Once industry veterans within top angel groups became aware of the maturity and power of Glue’s platform, we were able to rapidly close on our significant Series A financing,” said Jeff Gray, Glue Networks Chief Executive Officer. “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.”

Remote offices and teleworkers constitute a small fraction of information-technology (IT) infrastructure, but they represent the majority of total IT cost.

Available now, Glue Networks’ primary product, Glue Virtual Office ™, extends 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 today’s workforce. Powered by the company’s patent-pending GLUWARE^TM technology, Glue Virtual Office delivers the industry’s only virtual office networking platform as a service through an affordable monthly subscription.

Sacramento-based Glue Networks was founded in 2007 and is the only company in the world providing an enterprise-grade cloud networking service. Glue Virtual Office is available to enterprise customers through partnerships between Glue Networks and top service providers and value-added resellers. Additional company information is available at www.gluenetworks.com.