Docker Raises $105 Million To Accelerate Investments In Developer Productivity, Trusted Content, And Ecosystem Partnerships

Mar 31, 2022•over 3 years ago

Amount Raised

$105 Million

Palo Alto

Description

Docker, Inc.®, a leading provider of cloud-native application development tools, content, and services for developers, today announced $105 million in Series C financing led by new investor Bain Capital Ventures (BCV). Joining BCV are new investors Atlassian Ventures, Citi Ventures, Vertex Ventures, and Four Rivers as well as existing investors Benchmark, Insight Partners, and Tribe Capital. Enrique Salem, BCV partner, will join the Docker board. This round brings Docker’s total funding to $163 million and values the company at $2.1 billion.

Company Information

Company

Docker

Location

Palo Alto, California, United States

About

The Docker collaborative application development platform provides developers with an unmatched experience for an integrated, reliable and secure workflow that accelerates app delivery from code to the cloud. Using Docker, however, development teams release 13 times more frequently, ramp productivity with new technologies in 65% less time, and compress the mean-time-to-remediation (MTTR) of security vulnerabilities by 62% than without Docker. Docker will use the funds to accelerate investments in both product and go-to-market initiatives.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech