Puppet raises $42 million

Puppet, the standard for automating the delivery and operation of the software that powers everything around us, has secured $42 million in funding led by Cisco Investments along with EDBI, Kleiner Perkins, True Ventures, and VMware. The news comes on the heels of continued growth and momentum for the leading DevOps and automation company, which recently closed its second acquisition, added multiple products to its portfolio and opened new global offices in the last year. 

  • 6 years ago Posted in

“Our rapid growth and international expansion is a testament to the rising demand for DevOps transformation, software automation and the pressing need for enterprises to navigate the new world of software delivery. That’s why we’ve been so focused on expanding our product portfolio—to empower customers to discover, deliver and operate software across their cloud and containerised environments,” said Sanjay Mirchandani, CEO, Puppet. “I’m thrilled by the momentum we’re experiencing. It helps us better support our customers’ journey to pervasive automation.”

 

Automation and DevOps progress have become a primary focus for IT teams in 2018. These practices are critical in helping enterprises deliver software with greater agility, while increasing security and quality. By 2020, 90 percent of the top 100 global companies will slash operational inefficiencies through DevOps practices [1]. Puppet’s innovation drives these DevOps and automation gains for customers. In the last year, Puppet released five new products and acquired two companies to provide key automation capabilities across every domain—infrastructure, applications, cloud, containers and networking devices.

 

“ServiceChannel has an aggressive technology roadmap. One that not only takes advantage of cloud native capabilities and containerised applications, but also requires modernisation of existing, critical systems. Automation is necessary to help us deliver on that roadmap within the constraints of business—safely and at scale,” said Mark Trumpbour, VP of DevOps at ServiceChannel. “Puppet is a key partner we rely on to help us execute on our technology vision.”

 

“Businesses put increasingly massive pressure on enterprise IT—so, it’s important that those IT organisations partner with technology providers with compelling innovation, world-class support and a global community of experts. Puppet has a track record of empowering its customers with all of these critical elements,” said Rob Salvagno, VP of Corporate Development and Cisco Investments. “We look forward to working even more with Puppet as the global demand for automation technology and innovation continues to accelerate.”

 

In the last year, Puppet opened five new offices in Seattle, Singapore, Sydney, Timisoara and Tokyo to meet the increasing demand for DevOps and automation throughout the world. The most significant expansion was in Asia-Pacific and Japan (APJ) where Puppet opened a new regional headquarters in Singapore. As part of today’s announcement, Puppet is excited to add EDBI as a new investor, focused on the Singapore and APJ markets.

Precise, AI-powered insights enable DevOps and SRE teams to proactively optimize cloud-native...
Sumo Logic has introduced new integrations with CircleCI and GitLab designed to help development...
High-speed application development platform underpins ‘MyWorkSpace’ App and safe return to the...
After Kubernetes Kosmos and S3-based Object Storage, Scaleway continues to deliver on its Multi...
CloudBees has been selected by HSBC as its software delivery platform provider, supporting the bank...
Latest Akamai Security Research examines global API security landscape; reveals 2020-2021 attack...
DevOps and SRE practices are critical to high-quality, efficient releases, but teams still devote...
Canonical has released Ubuntu 21.10 - the most productive environment for cloud-native developers...