Home Must Reads Puppet Labs lands $30M

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

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Books Rule

October 2014
Thursday, September 25, 2014
BY JON BELL

Powell's stays relevant in the digital age.


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