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Docker IPO Rumours

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OSS
  • From startup to an open source giant. Docker valuation hits $1.3bn amid fresh funding round

    Open source software startup Docker Inc. is currently working on raising $75m as its software business grows, according to sources.

    People familiar with the matter told Bloomberg the round is expected to close by the end of this month, which will push the company’s valuation to $1.3bn, up from $1bn in 2015.

    One of the people said the raised cash will be invested in expanding Docker Inc.’s sales and marketing teams for corporate clients.

  • Startup funding: Open source software Docker raises fund to fuel its newest push

    According to Silicon Angle, the latest investment will help fuel the company’s newest push in the computing market. The company plans to use the fresh capital to beef up its sales and marketing muscles.

    The funding news follows a massive management shuffle, which reportedly involved former CEO of Concur Technologies Steve Singh and Docker’s co-founder Solomon Hykes.

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