Joyent operates a public cloud platform built on container technology and an OS virtualization layer called SmartOS that runs Docker containers on bare metal. The company emphasizes enterprise-grade networking, secure container runtime, and high workload density for data center operators. Joyent has been running an infrastructure based on containers for more than a decade and plans to leverage its experience to be a leading place to run Docker containers. It will continue to operate its public cloud as its core business while building new products and services for developers and operations teams to manage containers on bare metal. The company is developing products and services that will support and integrate with Docker. Financially, Joyent announced a new $15M raise to accelerate development around container and Docker support, bringing its cumulative funding to roughly $135M. Joyent provides cloud software and public cloud services, including its SmartDataCenter suite and JoyentCloud.com, used by customers such as LinkedIn, Gilt Groupe, Dell and Kabam. The company is steward of the open-source Node.js runtime and contributes to SmartOS, which powers its commercial SmartDataCenter product. Joyent says the new funding will enable it to build out a global compute offering to help customers expand consistent software, support and services. Management plans to roll out a collection of "seamlessly connected high performance clouds" throughout 2012 to serve global corporations on every continent. Financially, Joyent announced an $85 million funding round and had previously raised $5 million in September, which had brought prior financing close to $30 million. Existing investors named in the article include El Dorado Ventures, Epic Ventures, Greycroft Partners, Intel Capital and Liberty Global. Joyent offers an integrated cloud software suite and services for service providers, medium and large enterprises, and developers. Its product set includes the SmartDataCenter suite, JoyentCloud.com (a public cloud service positioned to rival AWS), and a Platform-as-a-Service built on Node.js. The company counts customers such as LinkedIn, Gilt Groupe, Kabam, Dell and AKQA. Joyent was founded in 2004 and operates from San Francisco. Financially, an SEC filing shows the company secured $5 million in debt financing; the article also notes Joyent has raised close to $30 million in total from outside investors. The company had not disclosed specific plans for the newly reported capital in the article. Joyent provides IaaS and PaaS cloud computing solutions designed to improve performance, scalability, manageability and security for web and mobile applications. The company serves a network of service providers and thousands of customers, including Watercooler, LinkedIn, Country Life and Gilt Group. Joyent operates smart technology in five data centers in China; Andover, Mass.; Emeryville and San Diego, Calif.; and Dallas, Tx, and supports service providers in Toronto, Las Vegas and Amsterdam. It recently expanded operations in Europe, the Middle East and Africa and acquired Layerboom, a Vancouver-based provider of hardware and software virtualization solutions. Joyent secured $15M in Series C funding to enable expansion of international operations and to extend product offerings for its core platform-as-a-service technologies. The round was led by Intel Capital with participation from existing investor Greycroft Partners and new backer Liberty Global.

Total raised

$120M

Funding rounds

4

Latest round

Equity

Latest activity

Oct 2014