Seattle-based IT automation startup Chef is raising more cash.
The company has reeled in $32 million of a larger Series E round that will be completed later this year, Chef VP of Marketing Jay Wampold confirmed.
The $32 million was first noted in MoneyTree’s venture capital report for Q1 2015. The Puget Sound Business Journal reported the funding on Tuesday.
Wampold added that Chef will have more to say about the complete Series E round in the coming weeks.
Chef last raised capital in December 2013, when it scored $32 million from Scale Venture Partners, Citi Ventures, Battery Ventures, DFJ and Ignition. Total funding now stands at $63 million.
The company is certainly growing fast under the direction of CEO Barry Crist, with its Q4 2014 quarter revenue growing by 192 percent compared to the same period in 2013. In addition, its average revenue per customer grew by over 200 percent year-over-year, with the bulk of its customers among the top corporations in the world.
Chef, ranked No. 30 on the GeekWire 200 list, also just inked a deal with Microsoft Azure, and Crist says that the company’s software is “at the epicenter of this disruptive and very productive period for companies around the world.”
Meanwhile, the company purchased Tower 3 last summer, giving Chef new analytics capabilities. It also plans to double its 200-person workforce in 2015 after moving into a new Pioneer Square office this past December.
