Docker Secures $40M in Funding to Drive Adoption of its Open Source Platform

Docker, Inc., the company behind the Docker open source platform for delivering distributed applications, has raised $40 million in series C funding. Coming on the heels of a $15M series B funding in January, this new round would reflect the explosive growth of the Docker platform, and the broad interest in Docker as a solution for delivering distributed applications.

Docker will use the funds to drive adoption of its platform in the enterprise and to broaden its rapidly growing ecosystem of application developers, system administrators, platform providers, and technology partners.

Sequoia

docker-platformSequoia was added as a new financial partner. Existing investors Benchmark, Greylock Partners, Insight Ventures, Trinity Ventures, and Yahoo! founder Jerry Yang also participated. Industry veteran Bill Coughran, who joined Sequoia after eight years as a senior vice president of engineering at Google, will represent Sequoia on the Docker board. In addition to his vast industry experience, Coughran would bring a deep understanding of the technical underpinnings of Docker and containers, which are emerging as critical components of web-scale infrastructure systems.

“Big businesses are being built by making accessible to all the transformative technologies championed by web-scale companies, and Docker is one of the most promising leaders of this movement,” said Bill Coughran. “The velocity at which the Docker team has innovated on product and grown its community is staggering – in 18 months they’ve accomplished what many leading companies take years to build.”

Accelerate software development

bill-coughran-sequoia
Industry veteran Bill Coughran, who joined Sequoia after eight years as a senior vice president of engineering at Google, will represent Sequoia on the Docker board.

Launched in March 2013, Docker is an open platform for building, shipping and running distributed applications. Docker provides a platform that enables any application to be created and run as a collection of consistent, low-overhead Docker containers that work across virtually any infrastructure. This new model would liberate developers from application and infrastructure dependencies, significantly accelerate the software development lifecycle, and enable substantial improvements in infrastructure cost and efficiency.

Docker has been downloaded 21+ million times and is used by thousands of the world’s most innovative organizations, including eBay, Baidu, Yelp, Spotify, Yandex, and Cambridge HealthCare. Docker’s rapid adoption has catalyzed an active ecosystem, resulting in more than 35,000 “Dockerized” applications and integration partnerships with AWS, Cloud Foundry, Google, IBM, Microsoft, OpenStack, Rackspace, Red Hat and VMware.

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