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Home > Cloud Computing > Docker raises $105 million in Series C

Docker raises $105 million in Series C

Docker announced that the company has raised $105 million in Series C financing led by a new investor.


Erdem Yasar Erdem Yasar
April 1, 2022
1 min read
Docker raises $105 million in Series C

Cloud-native application development tools, content, and services provider, Docker announced $105 million in Series C financing led by new investor Bain Capital Ventures. 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.

$2.1 billion company value

With the Series C funding round, the company’s total funding was increased to $163 million, which values the company at $2.1 billion. The funding round was announced after Docker’s annual recurring revenue (ARR) increased more than 4 times year-over-year.

Scott Johnston, CEO of Docker
Scott Johnston, CEO of Docker

The company currently has 10 million registered developers and development teams. Docker has also grown to more than 56,000 commercial customers. The funds will be used to accelerate investments in both product and go-to-market initiatives. The company will focus on investments in developer productivity, trusted content, and ecosystem partnerships while also investing in new channels and geographies. Scott Johnston, CEO of Docker said,

« This funding milestone is a result of the efforts of the Docker team, our developer community, and our partners. Together we have focused on the needs of developers, to help them quickly and safely build, share, and run any app, anywhere. As tens of millions of new developers join the market this decade, this funding enables us to go faster in solving problems for this next generation. »

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Tags: Docker
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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