Enterprise Software Company Puppet Secures $42M in Funding

Puppet, a Portland, Oregon-based provider of a platform to automate the delivery and operation of software, secured $42m in funding.

The round was led by Cisco Investments with participation from EDBI, Kleiner Perkins Caufield and Byers, True Ventures and VMware.

The company intends to use the funds to accelerate product portfolio innovation and global expansion.

Led by Sanjay Mirchandani, CEO, Puppet provides an automation and management platform for companies to manage and improve the efficiency of their IT assets. More than 40,000 companies use its open source and commercial solutions to adopt DevOps practices, achieve situational awareness and drive software change.
Puppet, privately held with more than 500 employees in Portland, Seattle, Singapore, Sydney, Timisoara and Tokyo, recently acquired Reflect, a data-visualization-as-a-service platform (June 2018), and Distelli, a continuous delivery automation software company (September 2017).

FinSMEs

29/06/2018

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