Reductive Labs nails $2 million in funding--Q&A
Reductive Labs, creator of the popular open-source IT automation project Puppet, has raised $2 million in Series A funding from True Ventures, the firm that also invested in (then) open-source marketing automation vendor Loopfuse.
Reductive plans to use the funding, which was announced Tuesday, to build out the functionality of Puppet, a move that won't win it any friends among competitors like Hewlett-Packard's OpsWare.
It's a good time for the company to be raising money. Counting such heavyweights as Google, Digg, Twitter, the New York Stock Exchange, Barclays Capital, Oracle, Sun Microsystems, Red Hat, Harvard Law School, … Read more