Puppet Labs Secures $22M Credit From Silicon Valley Bank

Portland, OR-based DevOps company Puppet Labs today announced that it has secured a $22 million credit facility from Silicon Valley Bank. In addition, the company today appointed former Genentech CFO Lou Lavigne to its board, where he will be the chairman of its audit committee — a critical role Puppet had to fill as it prepares for a future IPO. While securing a large line of credit is… Read More...