Puppet Labs lands $30M

| Print |  Email
Must Reads
Wednesday, January 23, 2013

Portland-based software company Puppet Labs raised $30 million from Silicon Valley's VMware.

Just two or three years ago, cloud was more hype than technology, but now that’s no longer the case, said Luke Kanies, Puppet Labs’ founder and chief executive.

Now it’s seeing real adoption of cloud and virtualization, but in widely varying degrees at different companies. “It’s a bit more chaos than we expected,” Mr. Kanies said. While that brings challenges, Puppet Labs has benefited so far.

It didn’t expect to be able to land its first contract over $1 million until 2014, or later this year at the earliest, but now it’s already closed several deals that size, he said. “We’ve got an opportunity to be the next big, public IT management vendor for the next 10, 15 years.”

Read more at The Wall Street Journal.

{biztweet}puppet labs{/biztweet}

 

More Articles

Up in the Air

June 2015
Friday, May 22, 2015
BY ANNIE ELLISON

Portland tech veteran Ben Berry is leaving his post as Portland’s chief technology officer for a full-time role producing unmanned aerial vehicles (UAVs) aimed at first responders and the military. Berry’s AirShip Technologies Group is poised to be on the ground floor of an industry that will supply drones to as many as 100,000 police, fire and emergency agencies nationwide. He reveals the plan for takeoff.


Read more...

Cherry Raincoat

June 2015
Tuesday, May 26, 2015
BY LINDA BAKER

Spring rains are the bane of an Oregon cherry farmer’s existence. Even a few sprinkles can crack the fruit so badly it’s not worth picking. Science to the rescue: Researchers at Oregon State University have developed a spray-on film that cuts rain-related cracking in half, potentially saving a season’s crop. The coating, patented as SureSeal, is made from natural chemicals similar to those found in the skins of cherries: cellulose, palm oil-based wax and calcium.


Read more...

The 5 highest revenue-generating parks in Oregon

The Latest
Thursday, June 11, 2015
parksthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.


Read more...

Department of Self-Promotion

Linda Baker
Wednesday, June 17, 2015

061715-awards1Oregon Business wins journalism awards.


Read more...

The Green Paradox

June 2015
Friday, May 22, 2015
BY EMILY LIEDEL

Inside the topsy-turvy world of corporate sustainability rankings.


Read more...

Stemming the tide of money in politics

Linda Baker
Wednesday, June 10, 2015
 jeff-lang-2012-thumbBY LINDA BAKER

Jeff Lang and his wife Rae used to dole out campaign checks like candy.  “We were like alcoholics,” Lang says. ”We couldn’t just give a little.”


Read more...

No Boundaries

June 2015
Friday, May 22, 2015
BY AMY MILSHTEIN

Floor plans embrace the great wide open.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS