Thursday, June 19, 2014

Puppet Labs Raises $40 Million for Automation Software

Puppet Labs announced $40 million in new funding from existing investors Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Peak Partners, True Ventures and VMware.



Puppet Labs, which develops IT automation software, said it now has over 18,000 enterprises using its software to accelerate operations. The software can automate repetitive tasks, deploy applications across multiple machines, proactively manage infrastructure where on-premise or in the cloud.

Puppet Labs is based in Portland, Oregon, and has about 300 employees. The company will use the new funding to expand internationally.

Puppet's has now raised a total of $86 million since June 2009.

“Puppet Labs is growing fast for a reason: IT automation is critical for any company that uses software to compete,” said Luke Kanies, founder and CEO of Puppet Labs. “Today, we help more than 18,000 organizations automate IT, both on premise and in the cloud. But we're just getting started. This funding round enables us to further our leadership position by entering new markets and helping our customers deliver great software faster than ever.”

http://puppetlabs.com

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