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.

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Puppet Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO 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
Based on primary financings
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What is Puppet funding to date?

Puppet has raised $108.23MM to date.
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When was Puppet founded?

Puppet was founded in 2005.
Updated on: Apr 14, 2023