Docker announced last Wednesday, November 13, 2019, its recent $35 million investment following its restructuring. Along with its management restructuring, the company announced its new chief executive officer.

The company’s restructuring came shortly after Mirantis announced its purchase of the firm. Under the management, Mirantis will be acquiring Docker’s Enterprise Technology Platform and all the IP found under it. These include the CLI, Enterprise Engine, Trusted Registry, and the Unified Control Plane reports Tech Crunch.

Mirantis and Docker aim to provide new services and offerings for its clients. These include the zero-touch, new cloud technologies, and a strengthened business model.

Docker Restructuring

The $35 million investment came from long-time investors of Docker, namely Benchmark Capital and Insight Partners. According to its press release, the digital container platform plans to direct the funding towards improving developers’ workflows, as well as enhancing its modern applications.

ADVERTISEMENT

Together with the $35 million acquisition, the renowned container announced its new chief executive officer. Following the successful growth and expansion of the company, Rob Bearden stepped down. In the press release, Bearded acknowledge Scott Johnston’s new role in the company as the newest chief executive officer.

Johnston is the third CEO of the year, says Tech Crunch. Prior to Bearden, Steve Singh was Docker’s CEO until May 2019.

Scott Johnston remains positive amidst numerous changes happening in the company. In a statement, Johnston said, “Going forward, in partnership with the community and ecosystem, we will expand Docker Desktop and Docker Hub’s roles in the developer workflow for modern apps. Specifically, we are investing in expanding our cloud services to enable developers to quickly discover technologies for use when building applications, to easily share these apps with teammates and the community, and to run apps frictionlessly on any Kubernetes endpoint, whether locally or in the cloud. It’s an honor to lead Docker in this next phase of its journey.”

ADVERTISEMENT
Previous articleSpreedly Gets $75M Funding From Spectrum Equity
Next articleNYC Allots $50 million in Credit Funds for Businesswomen
A Filipino-Chinese, Maricar Sze is highly educated and well travelled. With a Bachelor of Science in Computer Studies majoring in Information Technology. She is a business owner providing services to small to medium businesses in Australia. In earlier years, Maricar worked for American companies Verizon and MCI in Technical Support activities. Over some 8+ years in the SEO industry, Maricar is also a Google Certified Ads Specialist. With skills and expertise, she is responsible for shaping and implementing website optimisation, content marketing, PPC and quality measures for digital campaigns. Other interests include travelling, watching Netflix, and frequently volunteers at children hospitals or shelters.