Sponsored by Energy Trust

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

Corner Office: Pam Edstrom

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits of information from an agency partner and co-founder of Waggener Edstrom in Lake Oswego.


Read more...

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...

I Know How You Feel

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?


Read more...

Two Sides of the Coin

Contributed Blogs
Wednesday, October 22, 2014
22 twosidesBY JASON NORRIS

Historically, when the leaves fall, so do the markets. This year, earnings, Europe, energy and Ebola have in common? Beyond alliteration, they are four factors that the investors are pointing to for this year’s seasonal volatility.


Read more...

Corner Office: Sheree Arntson

January-Powerbook 2015
Saturday, December 13, 2014

Checking in with the managing director of Arnerich Massena.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

The clean fuels opportunity

News
Monday, November 10, 2014
111014-dirtyfuel-thumbBY KIM MOORE | OB RESEARCH EDITOR

A market for low-carbon transportation fuels has a chance to flourish in Oregon if regulators adopt the second phase of the state’s Clean Fuels Program.


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