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Docker Snags $40 Million in Funding

The containerization startup had already raised $15 million earlier this year.


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In yet another sign that containerization technology is hot, Docker has received an additional $40 million in funding from venture capital firms including Sequoia Capital, Benchmark Capital, Greylock Partners, Insight Ventures and Trinity Ventures. Already this year the company had raised $15 million, and it has received $65 million in all. Docker CEO Ben Golub said, “We won’t be touching [the $40 million] until late next year or early the following year. Knowing we have it, we can scale appropriately this year and it sends a message to the market we’re not just trying to build quickly and sell it.”

Docker offers open source containerization technology which aids in enterprise application development and deployment. According to the firm, about 600 developers have contributed to the project, and the Docker app store includes about 35,000 apps.

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