Puppet Labs Receives $8,500,000 Series C Funding Round

  • Feed Type
  • Date
    11/29/2011
  • Company Name
    Puppet Labs
  • Mailing Address
    Undisclosed Portland, OR 97201
  • Company Description
    Puppet 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.puppetlabs.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,500,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company will use the financing to further accelerate the company’s growth.
  • M&A Terms
  • Venture Investor
    Cisco Systems
  • Venture Investor
    Google Ventures
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    True Ventures
  • Venture Investor
    Radar Partners

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