Reductive Labs Obtains $2,000,000 Series A Financing

  • Feed Type
  • Date
    6/23/2009
  • Company Name
    Reductive Labs
  • Mailing Address
    Undisclosed Portland, OR 97201
  • Company Description
    Reductive Labs provides next-gen IT automation, enabling IT organizations to manage infrastructure as code so they can provide higher service levels with less staff. Reductive Lab’s flagship offering, Puppet, significantly improves the automation and management of IT operations for large scale, fast growing, transaction-driven businesses, which are facing unprecedented cost pressures, reduced headcount, and increased support demands. Puppet’s knowledge-based approach creates an audit trail that delivers a new level of transparency so that IT teams can implement change more consistently, accurately and rapidly over the lifecycle of the systems.
  • Website
    http://www.reductivelabs.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Reductive Labs will use the capital infusion to expand the company and further enhance its flagship offering – Puppet.
  • M&A Terms
  • Venture Investor
    True Ventures
  • Venture Investor
    Undisclosed

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