Gluware Raises $ 43 Million for “RPA” Technology That Automatically Detects and Corrects Anomalies in Network Configurations – TechCrunch

Facebook’s network collapse earlier this month – an outage that initially resulted from a misconfiguration – has been a huge pain for many users (and a significant cost to Facebook). For businesses, it also served as a poignant reminder of a networking highlight: the complexity and interdependence of systems today means that when something goes wrong between two entities – whether applications, servers or whatever – the effects can be disastrous. , unless these overlaps can be detected and mitigated before an actual deployment, or found and corrected quickly, even though they are already in nature.

Today, a startup called Gluware who built a platform that aims to do just that – specifically by providing network orchestration and automation tools that automatically identify and correct when something is about to go wrong on a network, described by CEO for me as “RPA” for network operations – announces $ 43 million in funding to continue growing business, as part of growth cycle led by Bain Capital with participation from Acadia Woods Partners and other unidentified existing investors.

Gluware does not disclose its valuation, but from what we understand it is around $ 700 million, which is notable considering how little it has raised to date (just under $ 47 million dollars over the past 10 years, according to PitchBook data, and booted before that). He is also notable for being based in California, but not the Bay Area: its HQ is in Sacramento, apparently a newly emerging place for people leaving more established tech enclaves.

In a period when a number of companies have put gas on growth and network operations to handle both increased traffic and new work architectures for its employees, Gluware said its growth ARR over the past year has been 400% (it does not disclose actual data Figures).

Gluware originally started out as a Cisco store, early on entering into a strategic deal with the company to create orchestration and automation systems that specifically ran on its servers, specifically a WAN controller. software defined to work with the Cisco kit. As networks have evolved and become more and more complex, the opportunity has changed and has become working in multi-vendor networks and for a variety of different businesses that might not be typical vendor customers. Cisco services. Its services are now integrated, via APIs, to cover network operations through over 30 different platforms and operating systems. Gluware CEO and co-founder Jeff Gray estimates Gluware’s coverage currently points to an addressable market of $ 10.8 billion.

Currently, and in line with changing use cases and architectures, Gluware’s focus so far has been to work with large companies in highly regulated industries like healthcare or finance that rely heavily on the cloud. or hybrid network architectures that result in many disparate operations, may lack internal teams large enough to build and operate their own automation and orchestration solutions, but have many requirements to stay operational and protect data from them. users in the process. The list is heavy with Fortune 500 and Global 2000 names, with Mastercard, EY and Merck among them.

The big tech companies – the web scalers, as Gray described them – were out of Gluware’s sight simply because they typically built and operated these tools in-house, and the idea was that Gluware created tools for the rest of the market. that worked just as well. . However, as Gray said, incidents like Facebook’s are a game-changer.

“We didn’t target web scalers, and we presented ourselves as an alternative to DIY. Traditionally, I have always said that if you are a Google, an FB, or a Goldman Sachs, you can invest a huge amount of resources in scripts and build your own automation software, ”he said. “But the Facebook audit tool released arogue command and broke its network, on a large scale. So even the world’s largest web scalers are not immune. I think we might be a good candidate.

The company’s focus on network operations has a natural synergy with security operations, as many, but not all, failures covering, for example, border gate protocol or name server errors. domain have also been linked to data breaches, which lays the foundation for how Gluware sees its role in the IT stack of network operations. Its tools can be applied to device management, operating system management, configuration modeling, workflows, and more. to minimize downtime, speed up operations, meet compliance requirements, etc.

This long list, and Gluware’s pull to date to meet its demands, is what has attracted investors. “As businesses continue to struggle with advancements in network automation, Gluware’s unique platform delivers enhanced network security and agility while creating business value and real results for customers,” said Olof Bergqvist, Managing Director of Bain Capital, in a statement. “We are excited to support Gluware’s next phase of growth and accelerate innovative technology and business-critical solutions to continue to meet modern business needs while strengthening its value proposition for its customers, suppliers and customers. partners. “

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