Thursday, June 19, 2014

Puppet Labs Gets $40M More

Portland-based Puppet Labs, which develops IT automation software, said this morning that it has raised $40M more in a new investment round. The funding came from Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Venture Capital Group, True Ventures and VMware. According to Puppet Labs, the company has now raised $86M in total. Puppet Labs is led by Luke Kanies, and plays in the "DevOps" market--where companies are rapidly deploying software changes into working environments to streamline system administration. More information »