Docker Raises $15M in Series B Funding Round

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The company behind Docker, an open-source technology aimed at packaging applications to run on various infrastructure, has raised $15 million in funding, which it will use to release a production-ready version of the Docker environment, develop revenue-generating commercial services, and hire more staff.

The Series B funding round was led by Greylock Partners, and included Insight Venture Partners, and existing investors Benchmark Capital, Trinity Ventures, and Yahoo! co-founder Jerry Yang.

Since its debut in March 2013, Docker has been downloaded more than 100,000 times and become one of the fastest-growing open source projects. Docker was also chosen by Yandex’s Cocaine platform as the technology behind its infrastructure virtualization and app isolation. In December, Chinese search engine provider Baidu chose Docker for its Platform-as-a-Service offering, Baidu App Engine, which can be thought of as an equivalent to Google App Engine.

In a company blog post, Docker states: “With this new funding, we should be able to build a company around Docker that is worthy of the momentum and support that we are seeing.”

Along with the funding announcement, it was announced that Greylock Ventures partner Jerry Chen will be joining Docker’s board of directors. Chen is an industry veteran who, prior to joining Greylock Ventures, had been VP of VMware’s Cloud and Application Services division.

Insight Venture Partners co-founder Jerry Murdock will also become a Docker advisor. “Docker is the embodiment of a Dev/ops dream come true, as they are changing the world for developers and operations professionals In a powerful, efficient and scalable way,” Murdock said in a statement.

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