News

Software company wins venture backing, moves to Portland, Oregon

June 24, 2009/

Reductive Labs http://reductivelabs.com/ , a startup behind open source software called Puppet, said this morning that it has won $2 million in venture funding and will move to Portland. Currently, the company’s three person staff is split between Tennessee and Utah.

The Series A funding comes from a Silicon Valley firm called True Ventures and other private investors.

by Mike Rogoway, The Oregonian

Full Story: http://www.oregonlive.com/business/index.ssf/2009/06/software_company_wins_venture.html

Related Stories

No related posts.

Leave a Comment

You must be logged in to post a comment.

MATR Sponsor (view all)


Working to create a clean and balanced energy portfolio that will provide for a safe and reliable energy future. Learn more at http://www.NorthWesternEnergy.com/BrightFuture

MATR Supporters (view all)


We will bring the North Coast Hiawatha train route back to Southern Montana

The Great Falls Development Alliance delivers aggressive, award-winning economic development support for business attraction, expansion, and retention.

Working closely with GFDA’s economic development team, HPF helps Montana businesses access the capital they need to expand, modernize, and strengthen local communities.