Software maker StackEngine out of stealth mode, closes funding

Oct 2, 2014
Austin Business Journal

StackEngine Inc. revealed Wednesday it completed a $1 million seed financing and came out of stealth mode

The Austin-based company, which launched in June, develops software designed to enable users to manage the virtualized applications in the containerization tool made by California-based Docker Inc. StackEngine collected the capital from two local firms, Silverton Partners and LiveOak Venture Partners, company executives said

Containerization enables developers to operate virtual applications whereever they’re desired

CEO Bob Quillan said StackEngine is targeting enterprise software companies that develop their own applications. The cost of the software hasn’t been determined yet

StackEngine, which employs five workers, is testing the software with selected customers and plans to use the funding to hire additional workers and marketing. The company is scheduled for to release the software for general availability during the fourth quarter

Jay Lyman, an analyst for 451 Research, said the containerization market is taking shape very quickly. As a result, a crop of companies new and old are rushing to support development, management and orchestration of Docker containers. England-based ClusterHQ, for example, has set itself somewhat apart with a focus on the data management side of Docker

StackEngine was co-founded by Quillin and Eric Anderson. Quillan, a tech sector marketing veteran, was previously CEO of CopperEgg Corp., an Austin-based company acquired in mid-2013 by a Houston-based Idera Inc. for an undisclosed amount

He said StackEngine is just another example in a long line of enterprise software companies in Austin

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