What is Puppet?
Founded in 2009 and headquartered in Portland, Oregon, Puppet has established itself as a critical provider of automation, DevOps, and compliance solutions. By enabling organizations to manage their IT infrastructure through code, the company addresses the complexities of modern cloud and hybrid environments. Its platform is widely utilized by enterprises to ensure consistency, security, and operational efficiency across diverse computing landscapes, positioning Puppet as a vital component in the digital transformation strategies of global corporations.
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 Kleiner Perkins and True Ventures
Series C (2011): $8.5M supported by Radar Partners, GV, True Ventures, VMWare, and Cisco
Series D (2013): $30M featuring VMware
Series E (2014): $40M backed by Google Ventures, VMware, Kleiner Perkins, Cisco, Triangle Venture Capital Group, and True Ventures
Debt (2016): $22M with participation from Silicon Valley Bank
Series F (2018): $42M led by VMWare, True Ventures, Cisco Investments, and EDBI
Debt (2020): $40M supported by BlackRock
Key Investors in Puppet
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance, and a strong community to help build enduring technology and artificial intelligence-driven companies.
VMware
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control through its extensive portfolio of virtualization and cloud infrastructure software.
Cisco
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol-based networking and other products related to the communications and information technology industry worldwide, often acting as a strategic corporate investor.
What's next for Puppet?
Looking ahead, Puppet is well-positioned to leverage its historical capital infusions to further innovate within the automation and compliance sectors. The strategic focus remains on deepening its integration capabilities and expanding its footprint in cloud-native environments. By maintaining strong relationships with its long-term investment partners, the company is poised to navigate the next phase of its lifecycle, potentially focusing on enhanced AI-driven operational insights and broader enterprise-level security frameworks to meet the increasing demands of global IT departments.
See full Puppet company page
