Puppet Labs Receives $30M Equity Investment from VMware
In conjunction with the funding, the companies also agreed to a strategic partnership for delivering IT management solutions. Through the investment and partnership, Puppet Labs will be able to accelerate the development of its products, increase market adoption in new geographies, and work jointly with VMware to deliver, market and sell solutions.
Led by Luke Kanies, CEO and Founder, and Nigel Kersten, CTO, Puppet Labs provides system administrators with software to proactively manage their IT infrastructure, scaling from tens of servers to thousands, physical or virtual, on-premise or in the cloud. Organizations using the company’s software include Citrix, eBay, NYSE, Match.com, Oracle/Sun, Shopzilla, and Zynga.
Puppet Labs currently employs more than 100 employees and is backed by Kleiner Perkins Caufield & Byers, Google Ventures, VMware, Cisco, True Ventures, Radar Partners, and Emerson Street Partners.