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.”
Read the full article in Light Reading.