Open-Source Darling Docker Knocks On Billion-Dollar Club Door With $95 Million Raise

April 14, 2015 2:47 PM

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Just two years after it was treading water as a fading startup called dotCloud, open-source darling Docker is soaring. The company announced Tues. it had raised a $95 million Series D funding that should value the company at about $1 billion, making it the latest in a wave of private tech companies to join the billion-dollar ranks.

The funding comes just half a year after Docker had raised its last funding and was led by a previously minor investor in the startup, Insight Venture Partners, alongside new investors Coatue, Goldman Sachs and Northern Trust. A who’s-who of venture firms already backing Docker re-upped in the round...

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