dotCloud failure

DotCloud

Enabled developers to host, assemble and run their applications

Description

dotCloud was a platform as a service (PaaS) for developers that enabled them to host, assemble and run their applications on the service. Through dotCloud, numerous organizations found a safe and stable stage to maintain their organizations. dotCloud gave origin to the Docker project which became so successful that the company changed its name to Docker. As the potentials for Docker increased, the team decided to concentrate on it and sold off dotCloud to Berlin-based company CloudControl.

Stats

Category
Software & Hardware
Country
United States
Started in
2008
Closed in
2016
Number of Founders
1
Name of Founders
Solomon Hykes
Number of Employees
251-500
Number of Funding Rounds
3
Total Funding Amount
$13.7M
Number of Investors
15

Cause of Failure

dotCloud closed on February 29, 2016. The mother company, CloudControl, filed for bankruptcy and dotCloud, a very small part of the German organization, could not sustain operation costs by itself thus decided to stop its operations.

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