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 and Hardware
Country
United States
Started
In 2008
Closed
By 2016
Number of Founders
One
Name of Founders
Solomon Hykes
Number of Employees
Between 251 And 500
Number of Funding Rounds
3
Total Funding Amount
$13.7M
Number of Investors
15
Precise Cause of Failure
Mismanagement of Funds
Business Outcome
Bankruptcy

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.

Go on Reading

Other Startups

DotCloud

Enabled developers to host, assemble and run their applications

General Information
Category
Software and Hardware
Country
United States
Started
In 2008
Business Failure
Business Outcome
Bankruptcy
Closed
By 2016
Cause of Failure
Mismanagement of Funds
Founders & Employees
Number of Founders
One
Name of Founders
Solomon Hykes
Number of Employees
Between 251 And 500
Funding
Number of Funding Rounds
3
Total Funding Amount
$13.7M
Number of Investors
15
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.

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.

Go on Reading

Salorix

Online social network engagement platform

Analytics
Shut Down
$3.5M
Bad Management
Analytics
United States
In 2009
By 2014
One
Between 11 And 50
Between 1M 10M
Bad Management
Shut Down
Vine

Platform to share short looping video clips

Social Media
Shut Down
No Data
Multiple Reasons
Social Media
United States
In 2012
By 2017
Three
Between 51 And 100
No Data
Multiple Reasons
Shut Down
SellanApp

Connected creatives with app developers

Finances
Bankruptcy
$961.1K
Failure To Pivot
Finances
The Netherlands
In 2012
By 2015
Two
Between 1 And 10
Less Than 1M
Failure To Pivot
Bankruptcy
Berg

Commercialized cloud services for hardware innovators

Design
Shut Down
$1.3M
No Market Need
Design
United Kingdom
In 2005
By 2014
One
Between 11 And 50
Between 1M 10M
No Market Need
Shut Down
RoomsTonite

Las-minute hotel booking provider

Travel
Bankruptcy
$1.5M
Lack of Funds
Travel
India
In 2014
By 2017
One
Between 101 And 250
Between 1M 10M
Lack of Funds
Bankruptcy
99dresses

Virtual closet to trade fashion items

e-Commerce
Shut Down
$105.7K
Multiple Reasons
e-Commerce
Australia
In 2010
By 2014
One
Between 1 And 10
Less Than 1M
Multiple Reasons
Shut Down