Container company Docker Inc says a $95m funding injection announced today will help finance further integration with the technology of major partners such as AWS, IBM and Microsoft and develop new capabilities for developers.
The series D round, led by Insight Venture Partners with existing investors Benchmark, Greylock Partners, Sequoia Capital, Trinity Ventures and AME Cloud Ventures plus new contributors Coatue, Goldman Sachs and Northern Trust, represents a significant step up from last September’s financing, which raised $40m.
Docker automates the creation and deployment of apps in containers – a lighter-weight form of virtualisation. The idea is to free developers from software and infrastructure dependencies, cutting costs and creating efficiencies in the process. Docker Inc, the company, is the open-source platform’s corporate sponsor.