Nov 14, 2019

Docker sells enterprise business to VC-backed Mirantis

Dan Primack, author of Pro Rata

Docker, a San Francisco-based software container platform, sold its enterprise business to VC-backed Mirantis, and also raised $35 million in new funding from return backers Benchmark and Insight Partners.

Why it matters: Docker was a high-flying unicorn not too long ago, even viewed as a promising IPO candidate, but has since had its wings clipped and stall moved over with the middling mares.

  • Shakeup: Docker also named its third CEO of 2019, promoting chief product officer Scott Johnston to succeed Rob Bearden.

The bottom line: "Docker's fortunes changed quite a bit over the years, from leading the container revolution to becoming somewhat of an afterthought after Google open-sourced Kubernetes and the rest of the industry coalesced around it." — Frederic Lardinois, TechCrunch

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