VMware, Google Ventures, and Cisco Invest In Puppet Labs
I’m thrilled to announce that VMware, Google Ventures, and Cisco have joined existing investors Kleiner Perkins Caufield & Byers, True Ventures, and Radar Partners in our $8.5 million Series C financing. Gene Kim, author of VisibleOps and founder of Tripwire, has also invested. It’s an exciting milestone for our company. In 2005, after years of working with and on a range of IT management tools, I started Puppet Labs with the mission of building great tools for system administrators. We wanted to build the best tools, but we also wanted to build tools that sysadmins actually enjoyed using, tools that were easy enough for anyone but powerful enough for everyone. Great design was never considered a key feature in software for IT, but we stayed focused, and later that year we released the first open source version of Puppet. Since then, together with growing numbers of community members and employees, we have built and refined Puppet such that tens of thousands of sysadmins in thousands of organizations around the world have come to rely on it to automate their IT operations. Inspired by this adoption - and wanting to make these powerful tools even more accessible to all sysadmins - earlier this year we released our first commercial product, Puppet Enterprise, to a reception that’s exceeded even our own high expectations. Demand > Supply So why bother raising more money? Simply put, the market demand for our products is outstripping our ability to satisfy it through organic growth alone. Consider the following:
- Last week, InfoWorld announced that #1 of its “Top Ten Emerging Enterprise Technologies” is “private cloud orchestration” and noted Puppet’s leadership;
- Amazon recently responded to the demand for Puppet by bundling Puppet into their Amazon Linux EC2 images;
- The Wall Street Journal last month noted that the demand for sysadmins with Puppet skills grew more than 200% year-over-year;
- In September, Bloomberg Businessweek’s article on Puppet Labs underscored our momentum, highlighting that our products accelerated customers’ “transition to cloud computing”;
- Recognition of our thought leadership in DevOps, a revolution in IT operations, grew this year such that our insights are widely sought and cited, as evidenced as recently as earlier this month in The Register’s “Cloud’s New Rules” article.