Turning a corner: Private market posts best month in yearsCore private market metrics suggest positive momentum is brewing and investor sentiment is improving
Turning a corner: Private market posts best month in years
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Puppet was founded in 2009 by Luke Kanies and Teyo Tyree. In 2020, CTO Abby Kearns said "A path to an IPO is an inevitable outcome for us." The company was acquired by Perforce in 2022. As of March 2023, Puppet remains private.
Puppet is a DevOps company that uses the open-source Kubernetes system. The company has raised more than $190 million in venture capital funding from investors including Black Rock, Cisco, Kleiner Perkins, True Ventures, EDBI, and VMware. The terms of the Perforce acquisition were not made public.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 6/19/2014 | Series E | $59.98MM raised | $XXX.XX | $XXX.XX |
| 1/22/2013 | Series D | $32.5MM raised | $XXX.XX | $XXX.XX |
| 11/29/2011 | Series C | $8.45MM raised | $XXX.XX | $XXX.XX |
| 7/19/2010 | Series B | $5.09MM raised | $XXX.XX | $XXX.XX |
| 6/22/2009 | Series A | $2.21MM raised | $XXX.XX | $XXX.XX |
