June 19, 2014
Puppet Labs on Thursday said it has raised $40 million in funding. This brings the company’s total venture capital raised to $86 million since June 2009.
The Portland, Oregon-based IT automation software company said it will use the additional funding to invest in talent, technology advancements and global expansion.
Puppet Labs also announced that it has tapped Mukesh Sharma, former COO of Canopy, as the company’s vice president of sales of EMEA.
The company said the hire was in response to growing customer, partner and developer communities throughout the world.
Puppet Labs founder and CEO Luke Kanies said in a statement that IT automation is the main reason why the company is growing as fast as it is.
“Today, we help more than 18,000 organizations automate IT, both on premise and in the cloud,” he said. “But we’re just getting started.”
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