How Docker Inc. Is Building a Foundation for a Profitable Business
VIDEO: Docker Inc. CEO Ben Golub discusses his company's commercial aspirations and how it is turning pilot projects into serious revenue.
Docker Inc., the lead commercial sponsor behind the open-source Docker container application virtualization technology, is not yet profitable, but it will be sooner rather than later, according to CEO Ben Golub.
In a video interview at the DockerCon EU conference in Barcelona, Spain, Golub details the commercial model behind Docker and why it's not a "unicorn," or a company with a billion dollar valuation that isn't likely to ever make money. Rather, Docker has a model that it is growing and it is building out a path toward a sustainable, profitable business for the long term.
The core Docker engine technology is all open-source and freely available without cost. Docker Inc. provides a number of commercial support services and has enterprise tools, which is where the company makes its money. To date, Docker Inc. has raised $150 million, with the most recent round being a Series D for $95 million in April.
"Customers today are buying Docker Trusted Registry with support," Golub explained.
Docker Trusted Registry was formally announced in September as an evolution of the Docker Hub Enterprise product. With Docker Trusted Registry, enterprises get the technology needed to deploy a repository for trusted and secured Docker application images. Golub explained that customers are buying Docker Trusted Registry and integrating it with enterprise continuous integration and deployment systems. He added that customers are now looking to move beyond that to the deployment phase, which is where the recently acquired Tutum deployment technology will help as well as the Docker Universal Control Plane, which was announced at DockerCon EU.