Puppet raised $40M last month in debt. https://www.crunchbase.com/organization/puppet-labs/company_financials https://www.crunchbase.com/organization/puppet-lab

Puppet raised $40M last month in debt. https://www.crunchbase.com/organization/puppet-labs/company_financials https://www.crunchbase.com/organization/puppet-labs/company_... In total over 12 years, Chef raised around 105M and puppet raised around 189M in funding. They're both doing pretty bad in the end and are on a (steep?) downward trend. They'll never be a billion dollar business. They probably won't recoup their valuation. Chef sold out. Puppet tries to survive. From my perspective Chef users were actively fleeing so I guess it was sold for scrap, puppet might be downward but maybe not as steep so maybe puppet is trying to continue to operate as a small medium company. Also Puppet might be a fairly harder sell because it has both a higher valuation and debt, doesn't look like a great buying opportunity.