Sacramento computer network provisioning and diagnostics company Gluware is on track to double its employee count following its $43 million funding round last fall, and it’s doing that while mostly operating remotely.
Gluware is a provider of cloud-based networking technology and diagnostic tools for large companies with massive and complicated distributed global computer networks.
The company had 61 employees in October when it raised $43 million in a growth funding round led by Boston-based private equity firm Bain Capital LP.
Gluware now has 100 employees, and it's hiring 35 more, CEO Jeff Gray told the Business Journal.
Gluware’s software can remotely provision, update and monitor complex distributed networks, even if those networks span multiple clouds, vendors, domains and devices. Gluware’s customers include Fortune 500 companies.
Gluware has seen increasing growth as its customers have been converting to ever more distributed networks because of remote working, Gray said.
Gluware itself is also largely working remotely, as it has been for two years.
“Even before Covid, we always had people who only worked in the office only two days a week,” Gray said, adding that after Covid-19 hit they just never came back into the office.
“We intend to go more hybrid. It’s up to the team,” he said. “We’re focused on roles — and not location.”
Gluware's software platform analyzes an enterprise's network to expose security violations, updates and misconfigurations to improve the network's performance and security at cloud scale. It can also provision updates remotely and securely.
The company is now advancing technology to use artificial intelligence to understand a client’s network, and to recommend changes that need to be implemented, he said. It depends on the customer’s preference whether the platform recommends changes or automatically performs them.
Gray declined to disclose Gluware's revenue, but he said it's been growing.
Asked about the potential for an initial public offering in its future, Gray said he is currently just focused on growth.
“We want to grow as large as we can. Grow the team and grow revenue,” he said.
