Cloud container company
Docker has received $95 million in investment. The company, which is based in San Francisco, USA, offers products that allow users to "Build, Ship, and Run Any App, Anywhere". Formerly known as DotCloud and popular with developers, Docker is an Open Platform that facilitates distributed applications.
Docker's container technology is built around the Docker Engine, a "portable, lightweight runtime and packaging tool", and Docker Hub, a "cloud service for sharing applications and automating workflows". Together these solutions allow developers to produce apps that can be developed more quickly and run on any platform, whether it be a laptop, a data center VM, or in the cloud.
Docker's $95 million Series D funding was provided by a team of venture capitalists including Insight Venture Partners, Coatue Management, Goldman Sachs, and Northern Trust. It comes in the wake of the company's recent $40 million series C investment in September 2014. Estimates on the value of the company are now put at around the $1 billion mark.
Docker’s solutions are built around Open Source technology, making it free of charge. However, a commercial version, called Docker Enterprise Hub, allows users to leverage Docker's firewall security options. The company's customers include Fortune 100 companies, but its commercial solution has yet to become profitable.
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