About Puppet
Puppet is a company based in Portland (United States) founded in 2009 was acquired by Perforce in April 2022.. Puppet has raised $169.5 million across 11 funding rounds from investors including VMware, SVB and Kleiner Perkins. The company has 257 employees as of December 31, 2022. Puppet has completed 3 acquisitions, including Cloudsmith, Distelli and Reflect Technologies. Puppet offers products and services including Puppet Enterprise and Puppet Core. Puppet operates in a competitive market with competitors including Odoo, JFrog, CollabNet, Pulumi and HashiCorp, among others.
- Headquarter Portland, United States
- Employees 257 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Puppet Labs, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$169.5 M (USD)
in 11 rounds
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Latest Funding Round
$40 M (USD), Debt – Conventional
Jul 16, 2020
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Investors
VMware
& 9 more
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Employee Count
257
as on Dec 31, 2022
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Investments & Acquisitions
Cloudsmith
& 2 more
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Acquired by
Perforce
(Apr 11, 2022)
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Products & Services of Puppet
Puppet offers a comprehensive portfolio of products and services, including Puppet Enterprise and Puppet Core. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates infrastructure scaling and security for enterprises.
Manages infrastructure automation tasks and configurations.
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Software Development Team
166 people
Sales and Marketing
77 people
Leadership Team
35 people
Product Management Team
25 people
Senior Team
17 people
Finance and Accounting
11 people
Operations Team
9 people
Manager Team
5 people
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Funding Insights of Puppet
Puppet has successfully raised a total of $169.5M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $40 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Debt – Conventional — $40.0M
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First Round
First Round
(22 Jun 2009)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Debt – Conventional - Puppet | Valuation |
investors |
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| Jun, 2018 | Amount | Series F - Puppet | Valuation | Cisco Investments | |
| Jan, 2018 | Amount | Debt – Venture - Puppet | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Puppet
Puppet has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include VMware, SVB and Kleiner Perkins. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm supporting AI founders through investments and community.
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Founded Year | Domain | Location | |
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Puppet
Puppet has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cloudsmith, Distelli and Reflect Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data visualization services are offered for web and mobile applications.
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2015 | ||||
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Continuous deployment platform for servers and applications is offered.
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2013 | ||||
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Cloud based package management platform
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Puppet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Puppet Comparisons
Competitors of Puppet
Puppet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Odoo, JFrog, CollabNet, Pulumi and HashiCorp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Open-source business management software is developed with integrated modules.
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| domain | founded_year | HQ Location |
Cloud based suite of devops solutions
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| domain | founded_year | HQ Location |
Enterprise application lifecycle management and version control are provided.
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| domain | founded_year | HQ Location |
Provider of open source Infrastructure as a code platform
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| domain | founded_year | HQ Location |
Cloud infrastructure is managed through AI-based security solutions.
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| domain | founded_year | HQ Location |
Provider of cloud automation and management platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Puppet
Frequently Asked Questions about Puppet
When was Puppet founded?
Puppet was founded in 2009.
Where is Puppet located?
Puppet is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Who is the current CEO of Puppet?
Yvonne Wassenaar is the current CEO of Puppet.
Is Puppet a funded company?
Puppet is a funded company, having raised a total of $169.5M across 11 funding rounds to date. The company's 1st funding round was a Debt – Venture of $22M, raised on Jun 22, 2009.
How many employees does Puppet have?
As of Dec 31, 2022, the latest employee count at Puppet is 257.
What does Puppet do?
Puppet was founded in 2009 in Portland, United States, within the DevOps and IT infrastructure sector. A cloud-based platform is provided, featuring an open-source configuration management tool that employs declarative language. Stages of the IT infrastructure life cycle, including provisioning, patching, configuration, and management of operating systems and applications, are handled across enterprise data centers and cloud environments. Operations focus on enterprise-scale automation and compliance.
What products or services does Puppet offer?
Puppet offers Puppet Enterprise and Puppet Core.
How many acquisitions has Puppet made?
Puppet has made 3 acquisitions, including Cloudsmith, Distelli, and Reflect Technologies.
Who are Puppet's investors?
Puppet has 10 investors. Key investors include VMware, SVB, Kleiner Perkins, BlackRock, and Perforce Software.
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