Docker raises $105 million to boost developer support

Today, Docker announced that it has raised $105 million in a Series C funding round led by Bain Capital Ventures. The new investment brings the company’s total funding to $163 million and increases the company’s value to $2.1 billion.

Docker’s new funding will enable organizations to invest in innovating new solutions to support developer productivity to make it easier for users to develop Kubernetes . Applications.

The leading organizational solution that has long dominated the container market, with Docker Business providing developers with the ability to build, share, and run applications on any cloud platform, in multiple languages. language and framework.

For enterprises and technical decision-makers, Docker has provided a solution they can use to support developers throughout the development process to build and secure applications securely. fast way.

Optimize developer productivity

The news comes as developer productivity remains stifled by inefficient and outdated processes, with the average developer Report they spend more than 15 hours per week on tasks beyond writing the application code, including maintaining internal tools, setting up development environments, debugging pipelines, and waiting for build or test results.

Docker aims to address some of these challenges by making the development process more organized and streamlined for developers, so they can spend more time creating and less time. administrative tasks, thus reducing the time it takes to bring a product to market.

“App development today requires more than writing code. “Multiple languages, frameworks, architectures and discontinuous interfaces between tools for each lifecycle stage create enormous complexity,” said Matt Carter, Vice President of Marketing at Docker.

“Docker simplifies and accelerates developer workflow, while giving developers the freedom to innovate with their choice of tools, application stack and deployment environments for each project,” said Carter.

It’s an approach that the organization says has yielded significant returns for developers.

“Using Docker, development teams release 13 times more often, increase productivity with new technologies in 65% less time, and compress the mean time to remediation (MTTR) of vulnerabilities,” said Carter. security vulnerability down to 62% compared to without Docker.

Container market seen from above

Docker is probably the biggest name in app container marketwhich researchers predict will reach $4.98 billion by 2023 as organizations modernize their business-critical applications and the total number of applications used increases.

The organization is competing with a number of other tools, including the open source project Podmana container tool that developers can use to develop, manage, and run OCI containers on Linux system.

The other is containerda container runtime engine available as a daemon on Windows and Linux used by organizations including Docker, IBM Cloud Kubernetes Service, CloudFoundry, Amazon EKS, and AWS Fargate.

However, Carter thinks Docker’s position in the market as an end-to-end application container provider is unmatched.

“No product offers end-to-end support for developers who want to build and run applications like they do with Docker Business,” says Carter. “The only similar tool to Docker Desktop is minikube, part of the Kubernetes project, which allows users to run Kubernetes on a macOS, Linux or Windows desktop.”