Chef to take DevOps 'mainstream' with $40m funding round
HP Ventures climbs on board
Chef, the IT automation software vendor, has secured $40m and three new investors in the latest round of funding. The valuation of the company is undisclosed.
The new investors are DFJ Growth, which led the Series E round, Millennium Growth and - taking a "strategic investment" - HP Ventures. In other words DFJ put in the most money and HP put in a nominal amount. All the existing investors, a bunch of VC firms, are staying on board.
Chef is, along with arch-rival Puppet Labs, a marquee name in DevOps and the race is on to sign new enterprise customers in North America and Europe.
But the company is on the small side, with about 230 employees - half are in its Seattle HQ. Barry Crist, Chef's CEO, expects the number to "nearly double" over the next year, The Seattle Times reports.
The new money will "help us take DevOps mainstream", he said in a press release announcing the funding.
In a separate release yesterday, Chef announced that its software is now available directly to Microsoft customers via Microsoft Azure Marketplace. ®