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Funding Daily: Docker Day

Funding Daily: Docker Day


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It came sooner than we thought.

Docker, one of the hottest startups in software development these days, announced a new round of funding today, just eight months after its previous one. That’s a short time window, and it shows investors really want to see a revolution in the low-level technology that developers at companies large and small count on to do their jobs.

Read on to learn more about Docker and other startups with new batches of money.

University of California is on the verge of creating a venture fund of up to $250 million called UC Ventures, according to a press release issued Monday by the UC Office of the President. UC Ventures will only invest in “UC research-fueled enterprises,” and the purpose of the fund is to “generate attractive, risk-adjusted returns,” according to the release.

Read more on VentureBeat: University of California proposes ‘UC Ventures,’ a fund of up to $250M

If any startup has recently made hordes of developers think deeply about the way they do their work and consider adopting new technology, it’s Docker. Last year, the company released its Linux container technology for easily packaging up application code and moving it from one server to another, streamlining development and deployment. Now thousands of projects build on top of Docker, and the technology has become the talk of Bay Area developers. So it comes as no surprise that Docker has just brought in $40 million in funding, just eight months after announcing a $15 million round. The new cash will help Docker build on the open-source project at the heart of the company and will foster the development of management and monitoring products the startup and its partners can sell to companies big and small.

Read more on VentureBeat: Docker, the hottest cloud startup in the West, adds $40M

Fastly, a startup looking to challenge the biggest companies in the business of distributing content around the world for quick online access, has brought on $40 million. The funding will assist Fastly in expanding its infrastructure internationally, with an emphasis on Japan, Australia, and Europe. August Capital led the new round. IDG Ventures, Battery Ventures, O’Reilly AlphaTech Ventures, and Amplify Partners also participated.

Read more on VentureBeat: Fastly grabs $40M

Jet raises $25M

Stealthy e-commerce startup Jet has brought in $55 million in venture funding, according to a blog post from founder Marc Lore. New Enterprise Associates led the round. Accel Partners, Bain Capital Ventures, and MentorTech Ventures also participated. Lore provided some information about the outfit: “At Jet, we will make use of the latest advancements in technology to create a new shopping experience that will empower customers like never before,” he wrote. “Jet will bring unprecedented transparency and efficiencies to the overall e-commerce market, and as a result, [it] will transform the customer experience in a way that, until now, has not been possible.”

Read the blog post.

Funny what can happen with a small project you hack together to win a laptop. For Portugal-born startup Talkdesk, it turned into a full-fledged business, and it announced that it has raised $3.15 million in a new round of funding. Storm Ventures led this round of funding, contributing $3 million, with participation from existing investor 500 Startups.

Read more on VentureBeat: Talkdesk grabs $3.15M for its ‘call center in the browser’

Competitive multiplayer games haven’t had much of a shot on mobile, but Deyan Vitanov, the co-founder and chief executive of Chobolabs, aims to change that. He announced that the Palo Alto, Calif.-based company has successfully completed a $1.3 million round of funding to bankroll its first game, a platform-shooter designed specifically for tablets and smartphones. The team has developed its own real-time networking engine, he said. The game is in beta testing now. Innovation Endeavors led the funding, alongside participation from Maurice Werdegar, XG Ventures, Jim Ellis, Joel Peterson, Bill Meehan, John Kobs, and Mac Harman.

Read more on VentureBeat: Chobolabs raises $1.3M to put hardcore gaming on mobile

The appropriately named TargetingMantra announced it has closed $1.1 million in funding to expand its Amazon-like personalized targeting service. The company’s omnichannel “one stop” personalization suite shows product recommendations, similar items, and other relevant cross-selling opportunities to customers, based on user behavior. The funding — from 500Startups, Nexus Venture Partners, and One97 Mobility Fund — will further develop its offering, create new products, and boost business development and marketing. Previously, the company’s founders bootstrapped their operations.

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