Wednesday, May 13, 2015

Puppet Labs Eyes IPO

Portland-based software startup Puppet Labs, the developer of cloud software management tools, is eyeing an IPO next year, according to an interview with the company's CFO. According to Bloomberg, the company is approaching $100M in revenues, and is in the midst of talking with investment bankers about the move. Puppet Labs is venture backed by Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Venture Capital Group, True Ventures and VMware.