Puppet Labs Receives $8,500,000 Series C Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1628eb0b-4cbe-4697-b66a-6aa0a1351837&Preview=1 - 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
