2021 IPO

DigitalOcean Stock

IaaS Cloud Company

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Founded

2011

Notable Investors

Andreessen Horowitz

Headquarters

New York NY, US

Total Funding

$174M

About DigitalOcean Stock

DigitalOcean is an IaaS (Infrastructure-as-a-Service) company that provides a cloud infrastructure for software developers to deploy and scale their applications in the cloud. With a focus on simplifying the end-user experience, DigitalOcean aims to improve software development so developers spend more time building features and less time managing their infrastructure. The company additionally operates a marketplace that has preconfigured 1-Click Apps that aims to help developers build faster. With more than 1,000,000 registered developers and 78M droplets, DigitalOcean claims to be one of the largest web hosting companies in the world. 

DigitalOcean was founded in 2011 and is headquartered in New York, NY with additional offices in Cambridge, MA and Bangalore, India.

Investors

Webster Bank

DigitalOcean

Kliwla Family Office AG

DigitalOcean

Viaduct Ventures

DigitalOcean

KeyBanc Capital Markets

DigitalOcean

Funding History

July 2013$3.3M
February 2014$37.8M
June 2015$83.0M
May 2020$50.0M

Management

Chief Executive Officer

Yancey L. Spruill

Chief Financial Officer

Bill Sorenson

Chief Technology Officer

Barry Cooks

Press

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