Ignition leads $19.5 million investment in Seattle’s OpscodePosted by admin on March 25, 2012
GeekWire, 3/25/2012 —
Opscode has raised $19.5 million in venture capital financing, the second large funding round in a Seattle area business-to-business software company this month. The deal, which was led by Bellevue-based Ignition Partners and included participation from Battery Ventures and Draper Fisher Jurvetson, follows the $50 million round that Bellevue-based Apptio raised on March 15th.
As a result of the financing, Ignition’s John Connors — the former chief financial officer at Microsoft — has joined the Opscode board.
Opscode is an emerging player in the arena of cloud automation technologies, essentially helping developers more easily push code across an array of platforms and scaling servers quickly.
The company has been on a significant growth curve in recent months, tapping former Avanade boss Mitch Hill as CEO last August. The new money will help propel the company forward even further.