BETA
This is a BETA experience. You may opt-out by clicking here

More From Forbes

Edit Story

Another Day, Another Two Funding Announcements. Adallom and Docker Score $15M Each

This article is more than 10 years old.

Another day and a busy one for two of the coolest cloud startups around - both Adallom and Docker are announcing Series B funding rounds, both to the tune of $15M.

Adallom

I've covered Adallom before - the security vendor aims to provide the tools needed to build a consistent security policy across all the applications at use within an enterprise. Their product monitors user activity and detects unauthorized access to assets. Adallom automatically detects and prevents insider threats and application-specific attacks. As I said previously, with the increasing use of SaaS applications, enterprises are looking for solutions that allow application use, while detecting both unauthorized use and external attacks. Adallom was recently invited to join the Microsoft Active Protections program, offering real-time threat mitigation for Office 365 users. Adallom is based in Tel Aviv and will use the funding to grow their sales force, a core requirement for the enterprise-level deals they're looking for.

The Adallom round was led by Index Ventures, with participation from existing investor Sequoia Capital Israel

Docker

Adallom is cool, but perhaps no startup has captured the hearts and minds of infrastructure geeks as has Docker. Docker the company is the commercial entity behind the open source Docker project. Docker has rekindled interest in containerization - with Docker applications can be deployed as a lightweight, portable, self-sufficient container that will run virtually anywhere. Docker has seen explosive growth, in the nine months since it launched Docker containers have been downloaded over 400,000 times, the project has received almost 9,000 Github stars, and is receiving contributions from more than 300 community developers.

Of course the jury is out on whether Docker will be able to translate that incredible growth into meaningful revenue - but for now they have such an incredible amount of attention that it was likely a no-brainer for Greylock Partners to lead the round (and given that there was participation by Benchmark, Trinity Ventures and Jerry Yang, the conversations during the fundraising must have been pretty interesting).

There are many who suggest that containers in generally (and, by extension, Docker in particular) directly threaten virtualization. They also call into question some of the value proposition many Platform as a Service (PaaS) vendors have been articulating - interestingly enough many PaaS vendors have been falling over themselves to partner with Docker - keep your friends close and your enemies closer I guess.

While $15M rounds aren't massive in today's frothy environment - these are two good solid round for two great companies.