What is Puppet?
Founded in 2009 and headquartered in Portland, Oregon, Puppet provides comprehensive solutions for automation, DevOps, and compliance within IT environments. The company has established itself as a key provider in the rapidly evolving landscape of IT management, enabling organizations to streamline operations, enhance security, and accelerate software delivery. Puppet's offerings are designed to address the complex challenges faced by modern enterprises in managing their infrastructure and applications.
How much funding has Puppet raised?
Puppet has raised a total of $189.5M across 8 funding rounds:
Series B
$5M
Series C
$8.5M
Series D
$30M
Series E
$40M
Debt
$22M
Series F
$42M
Debt
$40M
Series B (2010): $5M led by True Ventures and Kleiner Perkins
Series C (2011): $8.5M supported by GV, True Ventures, Radar Partners, Cisco, and VMWare
Series D (2013): $30M featuring VMware
Series E (2014): $40M backed by VMware, Triangle Venture Capital Group, Cisco Systems, True Ventures, Kleiner Perkins, and Google Ventures
Debt (2016): $22M with participation from Silicon Valley Bank
Series F (2018): $42M led by VMWare, EDBI, True Ventures, and Cisco Investments
Debt (2020): $40M supported by BlackRock
Key Investors in Puppet
VMware
VMware is a global leader in cloud infrastructure and digital workspace technology, providing software and services that enable organizations to run, manage, connect, and secure applications across clouds and devices.
Triangle Venture Capital Group
Triangle Venture Capital Group specializes in venture capital investments, focusing on research spin-offs to foster innovative companies and acting as lead investors.
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital and guidance to build enduring technology and AI-driven companies.
What's next for Puppet?
The recent major strategic investment signals Puppet's readiness for its next phase of expansion and product development. This capital infusion is expected to fuel further innovation in its automation and compliance technologies, potentially enabling the company to deepen its market penetration and explore new strategic partnerships. As the demand for efficient and secure IT operations continues to grow, Puppet is well-positioned to leverage this funding to solidify its leadership in the DevOps and IT automation sector.
See full Puppet company page
