Docker Raises $105M in Series C Funding


Docker, a Palo Alto, CA-based provider of cloud-native application development tools, content, and services for developers, raised $105M in Series C funding.

The round, which brings total funding to $163m and valuation to $2.1 billion, was led by Bain Capital Ventures (BCV), with participation from Atlassian Ventures, Citi Ventures, Vertex Ventures, Four Rivers, Benchmark, Insight Partners, and Tribe Capital. Enrique Salem, BCV partner, will join the Docker board.

The company intends to use the funds to accelerate investments in both product and go-to-market initiatives. On the product side, it will increase investments in developer productivity, content, and ecosystem partnerships. For go-to-market, it will invest in new channels and geographies.

Led by CEO Scott Johnston, Docker enables developers to collaboratively build, share and run applications. The Docker collaborative application development platform provides developers with an integrated, reliable and secure workflow that accelerates app delivery from code to the cloud. Its combination marketplace of content and integrations with leading tools, the company’s solutions allow teams to rapidly create modern applications.

With over 10 million registered developers and development teams, Docker has grown to over 56,000 commercial customers, including over 70% of the Fortune 100, nine of the 10 top technology companies, eight of the top 10 banks, eight of the top 10 retailers, eight of the top 10 media companies, and seven of the top 10 healthcare companies.