Puppet Labs Obtains $40,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33f35903-573c-4f65-be51-d51217cc7dec
Date
6/19/2014
Company Name
Puppet Labs
Mailing Address
926 NW 13th Ave Portland, OR 97209 USA
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.
Website
http://www.puppetlabs.com
Transaction Type
Venture Equity
Transaction Amount
$40,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the funds to invest aggressively in the talent, technology advancements and global expansion needed to meet the growing demand for its IT automation software.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor