By Kelsey Kusterer Zizer, Editor, Light Reading
The Gluware team is surely smiling on the way to the bank with $43 million raised in the company’s latest funding round. The intent-based networking (IBN) and automation software company’s recent funding round was led by Bain Capital with participation from Acadia Woods Partners and existing investors, bringing total funding for Gluware to $90 million.
Gluware specializes in intent-based network automation, which Omdia Analyst James Crawshaw has defined as “a very high-level, simplistic language in which you basically ask the network what service you want it to deliver. In its essence, IBN is about abstracting away the lower-layer complexity of the network where you get into all the issues of interoperability between different vendors and their different interpretations of standards, etc.”
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