Docker,
Inc., the company behind the Docker open source platform, today
announced that it has partnered with Sequoia and raised $40 million in
series C funding. Coming on the heels of a successful series B in
January, this round represents a nearly 3X increase in round size and an
even greater increase in valuation, reflecting the explosive growth of
the Docker platform and ecosystem, and the broad interest in Docker as a
solution for delivering distributed applications. Existing investors
Benchmark, Greylock Partners, Insight Ventures, Trinity Ventures, and
Jerry Yang also participated. 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.
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 liberates developers
from application and infrastructure dependencies, significantly
accelerates the software development lifecycle, and enables substantial
improvements in infrastructure cost and efficiency.
Dockerized applications empower continuous business innovation shaped by
software and that potential has fueled rapid adoption by web-scale
companies such as Baidu, Cambridge Healthcare, eBay, Gilt, Groupon,
Spotify and Yandex. These companies are reporting acceleration in
development/build/test cycles from weeks to minutes, and increases in
data center efficiency by 10X or more. This has spurred interest from
more traditional enterprises such as financial institutions and
government agencies, which are looking for similar tangible benefits
delivered with enterprise-grade solutions and support from Docker.
“At Gilt, we are moving all of our software to run on Docker's platform.
Gilt runs on a very modern micro services architecture,” said Michael
Bryzek, Gilt Groupe, CTO and founder. “Docker helps us keep services
isolated and simplifies our continuous delivery pipeline that in turn
encourages innovation and experimentation across all of our teams.”
“Docker's platform has become an important part of how we build and
deploy new services at New Relic,” said Nic Benders, director of site
engineering, New Relic. “For example, when we launched the New Relic
Insights product, Docker gave our development team more independence and
let them focus on bringing a great piece of software live on an
aggressive schedule. Docker has helped us deliver new services faster
than ever before.”
Customer successes like Gilt and New Relic that were showcased at
DockerCon in June – coupled with the release of Docker 1.0 and the
Docker Hub collection of management tools – have triggered exponential
usage growth. There have now been 21 million downloads of the Docker
platform, up from 3 million at DockerCon. Over 35,000 “Dockerized”
applications are now available on the Docker Hub Registry, and more than
13,000 Docker-related projects have launched on GitHub. Docker has also
seen rapid growth in the technology partner ecosystem with over 100
companies – including industry heavyweights Amazon, Google, IBM,
Microsoft, Red Hat and VMware – having announced Docker–supporting
platform initiatives.
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 brings 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
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.”
“We are thrilled to have a firm like Sequoia – and an individual like
Bill Coughran – join our team,” said Ben Golub, CEO of Docker. “This new
partnership provides Docker with an unrivaled venture team and the
resources to drive our vision for distributed applications. It’s a
testament to the community and ecosystem that have helped Docker reach
this important milestone.”