DevOps automation leader Puppet lands $42M funding round
DevOps automation firm Puppet Inc.’s recent frenzy of activity is showing no signs of slowing down.
The company, which automates the delivery and optimization of modern software applications, today said it has closed on a $42 million round of funding led by Cisco Investments, with participation from EDB Investments Pte. Ltd., Kleiner Perkins Caufield & Byers, True Ventures and VMware Inc.
Puppet provides a range of products for application developers, including its flagship Puppet Enterprise platform that’s used to manage infrastructure and applications as they move across the software delivery pipeline. With Puppet Enterprise, the underlying infrastructure is automated via code that optimizes things such as servers and virtual machines. The platform also helps to automate functions including code review, testing, continuous integration and deployment in order to accelerate the development process.
Puppet said the popularity of its platform has grown as enterprises clamor to embrace DevOps and automation processes, which provide a more streamlined way to create, deploy and update business applications. The company reckons that 90 percent of the world’s top 100 companies will be able to cut operational inefficiencies through DevOps by 2020, and it’s betting that it will play a key role in this transition.
“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,” Puppet Chief Executive Officer Sanjay Mirchandani said in a statement.
To further its goals, Puppet has also been busy acquiring companies, most recently buying a startup called Reflect Technologies Inc. in June for its data visualization tools, which it plans to integrate into its own product suite. In September, Puppet bought a company called Distelli Inc., whose platform automates the deployment of software code onto virtual machines and containers, in any public cloud or physical data center.
It’s not clear if Puppet is planning any more acquisitions since it declined to say how it’s going to spend its fresh capital, other than saying it will use the money to “accelerate its product portfolio and global expansion.”
Image: Free-Photos/pixabay
A message from John Furrier, co-founder of SiliconANGLE:
Your vote of support is important to us and it helps us keep the content FREE.
One click below supports our mission to provide free, deep, and relevant content.
Join our community on YouTube
Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.
THANK YOU