Docker, the open platform that automates the deployment of applications inside software containers has secured $95 million of Series D funding, it announced earlier this week.
With the new capital, the outfit intends to “address the needs of the millions of ecosystem users and thousands of enterprises that have standardized on Docker’s technology.” Apart from integration with go-to-market partners such as AWS, IBM and Microsoft, it will also help with new platform capabilities across the application development life cycle, explains their new release. The fresh funding comes in the wake of last September’s Series C round.
“Docker’s model enables any application to be built and run as a consistent, low-overhead Docker container, liberating developers from infrastructure concerns and dramatically increasing innovation. Enterprises using Docker have reported that it shrinks deployment cycles from weeks to minutes and drives up to 20X improvement in computing resource efficiency,” claims the startup.
“We think they(developers and enterprises) are still looking for a platform that helps them build and ship applications in a truly standardized way, without lock-in or unwanted bundled features,” notes Solomon Hykes, founder and CTO of Docker.
The round was led by Insight Venture Partners, and saw participations from Coatue, Goldman Sachs and Northern Trust and existing investors Benchmark, Greylock Partners, Sequoia Capital, Trinity Ventures and Jerry Yang’s AME Cloud Ventures.