Opscode Closes $11 Million Series B Round
21 Junho 2010 - 11:00AM
Marketwired
Opscode, Inc., a cloud infrastructure automation company, announced
today that it has closed an $11 million Series B round of funding.
The round was led by Battery Ventures and includes a follow-on
investment from Draper Fisher Jurvetson, who led Opscode's Series A
round of funding of $2.5 million, bringing the total amount raised
for the company to $13.5 million. As part of this investment, Sunil
Dhaliwal, a general partner at Battery Ventures will join Opscode's
Board of Directors. Proceeds from the new funds will be used to
expand the company's engineering staff, fuel research and
development initiatives, and drive sales and marketing efforts.
"We are witnessing a once-in-a-generation opportunity to make
world-class IT infrastructure available to the masses," said Sunil
Dhaliwal a General Partner at Battery Ventures. "While legacy
vendors have made billions solving discrete automation problems for
very large organizations, the future belongs to those that can
deliver simple, scalable automation to any IT user, regardless of
their size or sophistication. As a founding investor in data center
automation pioneer BladeLogic, we understand the enormity of this
shift, and are tremendously excited to support Opscode in making it
a reality. They have the team, the technology and the market
momentum needed to truly democratize infrastructure
management."
Opscode's technology enables companies of all sizes to build,
scale, and manage world-class, fully automated infrastructures
based on community best practices and expertise. In 2009, Opscode
released "Chef," an open source systems integration framework.
Since this time, more than 150 individuals and 25 companies
including Rackspace, RightScale and the Springsource division of
VMware have signed on to contribute to the project, making it the
world's largest open source configuration management project based
on the number contributors. Using Chef, software developers and
engineers are able to manage large-scale server and application
deployments by writing code, rather than running commands by hand.
Chef is currently in production at top websites, including
37Signals, Etsy, IGN Entertainment, Scribd, Wikia, and White
Pages.
"In just a very short period of time, Opscode has attracted some
of the brightest minds in infrastructure. These individuals have
been responsible for managing some of the world's largest and most
complex computing environments and it is from this collective
expertise that the idea for Opscode was born," said Jesse Robbins,
co-founder and CEO of Opscode. "We count ourselves most fortunate
to have partnered with firms like Battery Ventures and Draper
Fisher Jurvetson who bring a great deal more than just capital to
Opscode. Most importantly, closing a round of this size lets us
focus our energies squarely on helping our customers -- as well as
the Chef community -- get the most out of their
infrastructure."
About Opscode Opscode provides world class
infrastructure automation for servers, datacenters, desktops, and
the cloud. Opscode makes Chef, the open source configuration
management and integration framework used by thousands of
organizations to manage and scale infrastructure. Founded in 2008,
Opscode's management team includes experts responsible for creating
and operating some of the world's largest websites and cloud
computing platforms. The company is privately held and
headquartered in Seattle. More information can be found at
www.opscode.com/
About Battery Ventures Since 1983, Battery
has been investing in technology and innovation worldwide. The firm
partners with entrepreneurs and management teams across technology
sectors, geographies, and stages of a company's life -- from
start-up and expansion financing to growth equity and buyouts.
Battery has supported many breakthrough companies around the
world, including: Airespace (acquired by Cisco), Akamai
Technologies (NASDAQ: AKAM), BladeLogic (acquired by BMC Software),
Netezza (NYSE Arca: NZ), Omniture (NASDAQ: OMTR), and ProfitLogic
(acquired by Oracle). Battery currently manages more than $3B in
committed capital and invests from offices in Boston, Silicon
Valley and Israel. For more information, visit:
www.battery.com.
Press Contact: Robert Nachbar Kismet Communications
206-427-0389 Email Contact Karen Bommart Battery Ventures
781-478-6672 Email Contact
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