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DigitalOcean Stock
IaaS Cloud Company
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
Access Industries
Gett, WeLab, IronSource, Deezer, Humacyte, TangoMe, Selina, Sentient Technologies, DigitalOcean
Andreessen Horowitz
Lyft, Airbnb, Magic Leap, Instacart, Stripe, Robinhood, Pinterest, Slack, Rappi, Dollar Shave Club
Barclays Investment Bank
East West Bank
HSBC Bank
IA Ventures
Vectra AI, DigitalOcean, Datadog, NewsCred, MemSQL, Recorded Future, DataSift, PlaceIQ, Hometeam, X.ai
Mighty Capital
Opus Bank
Pacific Western Bank
Right Side Capital Management
Webster Bank
Funding History
| July 2013 | $3.3M |
|---|---|
| February 2014 | $37.8M |
| June 2015 | $83.0M |
| May 2020 | $50.0M |
Management
Chief Executive Officer
Yancey Spruill
Chief Financial Officer
Bill Sorenson
Press
TechCrunch - May, 14 2020
Business Insider - Apr, 3 2020
inc42 - Mar, 8 2020
TechCrunch - Feb, 20 2020
TechCrunch - Jan, 17 2020
TechCrunch - Jul, 30 2019
CRN - Apr, 17 2019
TechCrunch - Feb, 14 2019
Other Companies
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Some data provided by Crunchbase
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