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.
Investors include Keiretsu Forum, San Joaquin Angels, Sierra Angels, Sacramento Angels, Sand Hill Angels and Harvard Angels.
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.
FinSMEs
03/03/2011