Automation is, in an age where speed and agility are seen as the most important factors for a business, a key driver of growth. One of the best-known vendors in the IT automation space, Chef, is today announcing a $40 million Series E funding round.

The round was led by DFJ Growth and included Millennium Technology Value Partners, as well as all existing investors: Battery Ventures, Citi Ventures, DFJ, Ignition Partners, and ScaleVP. Perhaps most interestingly, Hewlett Packard Ventures also joined the round with a strategic investment. While one could spend an age talking about HP’s tortured and torturous history in the cloud (the company has launched a cloud platform more times than I can count), this world of IT automation is far closer to its traditional wheelhouse.

To read this article in full or to leave a comment, please click here

Ben Kepes

Ben Kepes is a technology evangelist, an investor, a commentator and a business adviser. Ben covers the convergence of technology, mobile, ubiquity and agility, all enabled by the Cloud. His areas of interest extend to enterprise software, software integration, financial/accounting software, platforms and infrastructure as well as articulating technology simply for everyday users.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.