March 31, 2022
Hello and welcome to Protocol Enterprise! Today: Why Bain Capital now thinks Docker is headed toward its long-sought IPO, Google Cloud embarrasses itself, and the latest moves in enterprise tech.
A Google-commissioned study reported that 60% of government employees think using Microsoft products makes them more vulnerable to cyberattack. 100% of Protocol Enterprise readers will want to scroll down to see what we think of that survey.
Docker just landed $105 million in new funding, and lead investor Bain Capital Ventures thinks the container pioneer is in line for its long-awaited IPO down the road.
The new Series C funding acknowledges Docker’s turnaround progress since its recapitalization and restructuring in November 2019, according to Docker CEO Scott Johnston. That’s when Docker ditched its enterprise software strategy with the sale of its Docker Enterprise platform business to Mirantis and refocused its product and marketing strategy on its developer roots.
Docker developed and popularized a developer-friendly, open-source format for using containers in 2013 that became a standard for application development as cloud computing adoption started to accelerate.
Salem characterized Docker’s restructuring progress as “exceptional” and “unique.”
With the new funding, Docker will focus on further simplifying the developer experience around Kubernetes, providing tools for developing secure applications and further leveraging ecosystem partnerships.
Docker last month reported its annual recurring revenue topped $50 million for the fiscal year that ended Jan. 31, its second full fiscal year since its restructuring. That’s four times better than the previous year.
In just five months, Docker Business accounted for more than half of Docker’s growth and recurring revenue in the last fiscal year, according to Johnston. With the new momentum and funding, Johnston said he’s not worried about repeating mistakes of the past or Docker losing its focus.
Seeking to triple its employee base, Whisk, a fully remote team, sought diverse talent from a wide variety of regions through Upwork, a work marketplace that connects businesses with independent professionals and agencies around the globe.
Somebody at Google Cloud thinks government IT buyers are stupid.
That’s the only possible explanation for the blog post the company published and distributed to reporters Thursday, which cited “a new survey” (commissioned by Google, of course) claiming that 60% of U.S. government employees think they’re “more vulnerable” to hacking or a cyberattack because they use Microsoft products, which, as is true in the rest of the world, are used more widely inside government organizations than Google Workspace.
“As governments work to meet the demands and preferences of their constituents — and their employees—it’s clear that there’s an overreliance on legacy solutions, despite a track record of cybersecurity vulnerabilities and poor user perception,” said Google’s Jeanette Manfra, senior director for global risk and compliance. The message isn’t exactly subtle: In the grand enterprise marketing tradition of sowing “fear, uncertainty and doubt,” Google is trying to make the people responsible for choosing their organization’s collaboration software think that Microsoft’s tools will let the bad guys into their workplace.
There are people inside Protocol laughing at this section, given how often (and loudly) I’ve complained about our use of Outlook. But personal preferences are one thing; trying to make people feel like they’re responsible for any cybersecurity incidents that befall them because they chose the world’s most widely used workplace collaboration software is kind of pathetic.
Microsoft’s security track record is certainly checkered. But does Google really think if Workspace was the predominant government IT collaboration tool, that hackers bent on getting inside U.S. government assets wouldn’t find holes in its products?
Gunjan Aggarwal joined Confluent as chief people officer. Aggarwal was previously EVP for RingCentral and also worked for Ericsson.
Mac Avancena joined HPE as VP of GreenLake. Avancena was previously CIO for Kern County and worked in product management for NBCUniversal.
Mukund Gopalan joined Ingram Micro as chief data officer. Gopalan previously held technical leadership roles at Meta, GrubHub and Priceline.
Microsoft acquired Minit, a small process-mining startup based in the Slovak Republic that could help it be a larger player in an interesting and evolving space.
Russia’s Mikron, which makes chips that power a key part of the country’s banking system, was hit with fresh sanctions as the invasion of Ukraine drags on.
Whisk isn’t alone in unlocking the global marketplace to find the right types of employees to support its business goals. More than three-quarters of U.S. companies have used remote freelancers, according to research from Upwork, and more than a quarter of businesses plan to go fully remote in the next five years.
Thanks for reading — see you tomorrow!