Rachel Chalmers , Research Director at the 451 Group , recently published a Market Development note on Opscode , saying:
"Opscode will celebrate its second birthday in September, and there will be plenty to celebrate. The company has raised $11m in a series B funding round from Battery Ventures and Draper Fisher Jurvetson. Draper also led Opscode’s $2.5m series A round. As part of this investment, Sunil Dhaliwal, a general partner at Battery Ventures, has joined Opscode’s board of directors. Dhaliwal also sits on the board of Neocleus.
The company’s fundraising success reflects its growing customer traction. Today, Opscode numbers 37Signals, Betfair, Etsy, IGN Entertainment and White Pages among the users of its Opscode Chef tool. More and more individual and corporate contributors have signed up to the Chef development effort, including Rackspace, RightScale and – an especially strategically significant win – the SpringSource division of VMware."