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- Gluware
Gluware Acquisition, Valuation, Funding & Investors
Gluware was acquired by Cuadrilla Capital in January 2025.
Gluware acquisition price
Undisclosed
Acquired by Cuadrilla Capital · Jan 2025
Cumulative funding Gluware raised
$43M
across 1 funding round
Key investors in Gluware
Bain Capital
Acadia Woods Partners
About Gluware
Gluware is a Sacramento-headquartered network automation platform founded in 2007 that orchestrates multi-vendor environments from Cisco, Juniper, and Arista. The software automates configuration backups, compliance audits, and change deployments across data centers and campuses, integrating with Ansible and ServiceNow. Serving telecoms and financial services, Gluware reduces manual tasks by 80 percent through its domain-specific language for intent-based networking.
Founded
2007
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Valuation
$700M (Oct 2021)
Gluware Acquisition
Gluware was acquired by Cuadrilla Capital for an undisclosed price on 8 January 2025.
Before the acquisition Gluware had raised $43M across 1 funding round.
Cuadrilla Capital, a leading enterprise software private equity firm, acquired Gluware, a Sacramento-based provider of intelligent network automation solutions, in January 2025. Gluware specializes in intent-based automation, automation scripting acceleration, orchestration tools, and transformational platforms for developers, serving enterprises managing complex IT and OT network environments. The acquisition enables Gluware to penetrate the Global 2000 market more deeply, with Cuadrilla positioning the company as a cornerstone platform for solving enterprise IT pain points across industries and for acquisition-led growth. Cuadrilla stated that network automation has become the standard for best-in-class network management, and Gluware's technology is unparalleled in addressing current and future business demands. The transaction terms were not disclosed, and KeyBanc Capital Markets served as the exclusive financial advisor to Gluware. Post-acquisition, Gluware plans to accelerate platform enhancements including GenAI-powered Co-Pilots for Network Operators and NetDevOps, as well as self-operating and self-healing network capabilities, while expanding global reach and customer success initiatives.
| Acquirer | Date | Type |
|---|---|---|
| 8 Jan 2025 | PE buyout |
Gluware Valuation
Gluware is currently valued at $700M, based on its undisclosed-stage round in October 2021.
The $43M round was led by Bain Capital, with participation from Acadia Woods Partners.
Gluware valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2021 | Undisclosed stage | $700M |
Gluware Funding History
Gluware has raised a total of $43M across 1 funding round.
Gluware funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2021 | Undisclosed stage | Bain Capital (lead); Acadia Woods Partners | $43M | $700M | Gluware is an intelligent network automation platform for enterprises that provides orchestration and automation tools to identify and automatically fix anomalies in network configurations. The company's platform integrates via APIs across more than 30 different platforms and operating systems, covering a total addressable market estimated at $10.8 billion by co-founder and CEO Jeff Gray. On October 27, 2021, Gluware announced a $43 million growth funding round led by Bain Capital with participation from Acadia Woods Partners and existing investors, bringing total funding raised to approximately $90 million. According to TechCrunch reporting from the announcement date, Gluware's valuation was estimated at around $700 million, though the company did not formally disclose this figure. The funding was designated for scaling sales and marketing functions and advancing the platform's capabilities, including development of network Robotic Process Automation (RPA), cybersecurity applications, and AIOps features in collaboration with Fortune 500 customers. Gluware is headquartered in Sacramento, California, representing an emerging tech hub outside traditional coastal enclaves. |
Who has invested in Gluware?
2 investors have backed Gluware across its funding rounds, including Bain Capital and Acadia Woods Partners.
Lead investors include Bain Capital.
Gluware Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Gluware investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialGluware Competitors
Gluware competitors include listed companies like AsiaInfo and Polaris Holdings, and private ones like Rescale, proteanTecs, Augury and Periodic Labs.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $750M | - | ||
| Private | $60M | - | $600M | 10.0x | ||
| Private | $100M | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $940M | $39M | $461M | 0.3x | ||
| Publicly listed | $312M | $45M | $283M | 1.3x |
Gluware Public Comps
Gluware is no longer listed, but its public comps include Shenzhen Sunwin, ZUKEN, Beijing Abt Networks, Breton Technology, N-able, Asiainfo Security, Jiangxi Tianli Technology, PSI Software, Shenzhen Tianyuan Dic and Chrysos Corp..
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $20M | ($147M) | 37.7x | - | (5.0x) | - | |||
| $277M | $51M | 1.6x | 1.7x | 8.9x | - | |||
| $83M | ($21M) | 8.3x | 8.0x | (33.0x) | - | |||
| $116M | ($37M) | 7.1x | 4.7x | (22.1x) | (68.3x) | |||
| $509M | $80M | 2.1x | 2.0x | 13.5x | 6.8x | |||
| $1.2B | ($11M) | 1.2x | 1.1x | (126.2x) | 339.7x | |||
| $73M | $69K | 7.2x | - | 7603.1x | - | |||
| $329M | ($7M) | 2.6x | 2.5x | (127.4x) | 51.0x | |||
This data is available for Pro users. Sign up to see all Gluware competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Gluware
| When was Gluware founded? | Gluware was founded in 2007. |
| Where is Gluware headquartered? | Gluware is headquartered in Sacramento, CA, United States. |
| Is Gluware publicly listed? | No, Gluware was acquired by Cuadrilla Capital in January 2025. |
| Who acquired Gluware? | Gluware was acquired by Cuadrilla Capital in January 2025. |
| What is Gluware's valuation? | Gluware was last valued at $700M in its undisclosed-stage round in October 2021. |
| How much funding has Gluware raised? | Gluware has raised $43M across 1 funding round. |
| What was Gluware's last funding round? | Gluware's last funding round was a $43M undisclosed-stage round in October 2021, led by Bain Capital. |
| Who are Gluware's investors? | Gluware's investors include Acadia Woods Partners and Bain Capital. |
| Which companies are comparable to Gluware? | Companies comparable to Gluware include Rescale, proteanTecs, Augury, Periodic Labs, AsiaInfo and Polaris Holdings. |
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