Venture Capital
Demand for Chef’s technology is increasing exponentially, and now the Seattle company is raising its largest funding round yet to help support the growth. The IT automation provider today announced a $40 million Series E round led by DFJ Growth, with participation from Millennium Technology Value Partners and existing investors like Battery Ventures, Citi Ventures, DFJ, Ignition Partners, and ScaleVP. Hewlett Packard Ventures also made a strategic investment in this round, which pushes total funding for the 7-year-old company to $103 million. GeekWire previously reported on the Series E round in April. Chef will use the fresh cash to expand globally, helping companies around the world automate their…...