Docker Raises $105 Million at $2 Billion Valuation

Docker is a startup that provides a platform for building, shipping, and running distributed applications. It allows administrators and system developers to create and run applications in a way of containers across public cloud instances, data central virtual machines, and laptops. Besides, for sharing applications and automating workflows, Docker offers an application run-time, packaging tool, and a cloud service.

The Series C funding round was led by Bain Capital Ventures. Among other participants were Atlassian Ventures, Citi Ventures, Vertex Ventures, and Four Rivers. Existing investors, Benchmark Capital, Insight Partners, and Tribe Capital also took part in the round.

Docker, San Francisco, was founded by Solomon Hykes in 2013. In 2019, Docker sold its enterprise business and decided to focus on the audience of developers with a set of open-source and commercial tools. “Two and a half years ago, while we had this product that developers loved; while we had popular upstream open-source assets and we had a known brand, it wasn’t clear whether we could take all of that and redo the product strategy we needed to go to market, redo the company business model successfully — all of that was an open question,” CEO, Scott Johnston. As of now, the company’s team includes over 150 employees and Docker expects to increase twice the number this year. 

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