Tuesday, April 14, 2015

Docker Lands $95 Million Series D for App Containers

Docker has raised $95 million of Series D funding to boost its container platform for distributing applications. The company said the financing, which builds on a $40 million funding round in September 2014, will enable deeper integration with go-to-market partners such as AWS, IBM and Microsoft, who have made strategic product investments in support of Docker’s open source technology.

“Our responsibility is to give people the tools they need to create applications that weren’t possible before,” said Solomon Hykes, founder and CTO of Docker. “We will continue to honor that commitment to developers and enterprises. We think they are still looking for a platform that helps them build and ship applications in a truly standardized way, without lock-in or unwanted bundled features. That is what we set out to build, and we are not yet content with what we have achieved so far. We are getting a clear message from the market that they like what we are building, and we plan to keep building it. The financing enables us to deliver on that promise.”

The round was led by Insight Venture Partners, with new contributions from Coatue, Goldman Sachs and Northern Trust. Existing investors Benchmark, Greylock Partners, Sequoia Capital, Trinity Ventures and Jerry Yang’s AME Cloud Ventures also participated in the round.

https://www.docker.com/

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