DigitalOcean Stock
IaaS Cloud Company
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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, Cerebral, Deezer, Humacyte, TangoMe, Selina, Yotpo, Sentient Technologies
Access Technology Ventures
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Barclays Investment Bank
Brex, AUTO1 Group, H2O.ai, DigitalOcean, R3, Cloud9 Technologies
East West Bank
HSBC Bank
IA Ventures
Recorded Future, SingleStore, Vectra, Komodo Health, DigitalOcean, Datadog, NewsCred, DataSift, PlaceIQ, Vesta Healthcare
KeyBanc Capital Markets
Kliwla Family Office AG
Mighty Capital
Opus Bank
Pacific Western Bank
Right Side Capital Management
Techstars
DataRobot, Chainalysis, Outreach, Remitly, Degreed, Sendbird, Alloy, Newsela, Pilot.com, DigitalOcean
Trinity Capital
Tuesday Capital
Bolt Financial, Getaround, Human Interest, Rover, D2iQ, Foursquare, Onfido, DigitalOcean, Nylas, Alfred
Viaduct Ventures
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 L. Spruill
Chief Financial Officer
Bill Sorenson
Chief Technology Officer
Barry Cooks
Press
mitjafelicijan - Jan, 24 2021
Replacing Dropbox in favor of DigitalOcean spacesdlvr - Dec, 11 2020
Set up Your K3s Cluster for High Availability on DigitalOceanitbrief - Nov, 17 2020
Varnish Cache now available on DigitalOceandigitalocean - Nov, 10 2020
Easily deploy open source apps with the new ‘Deploy to DigitalOcean’ button and other App Platform enhancementshackernoon - Oct, 18 2020
Build a Go Web API with the New Digital Ocean App Platform: A How-To Guidetheregister - Oct, 7 2020
DigitalOcean decides to head rivals off at the PaaS, floats App Platform to deploy, run code without juggling serversblog - Sep, 29 2020
DigitalOcean's Hacktoberfest is Hurting Open Sourcetsta - May, 17 2020
DigitalOcean: A Unicorn For The Cloudpulse2 - May, 15 2020
DigitalOcean: $50 Million Funding, $1.15 Billion Valuation, $300 Million ARRTechCrunch - May, 14 2020
DigitalOcean raises $50M more from Access Industries and a16zsecurityweek - May, 11 2020
DigitalOcean Inadvertently Exposed Customer DataBusiness Insider - Apr, 3 2020
Here's how DigitalOcean, an upstart contender to Amazon's cloud, is scaling to meet higher demand during the coronavirus pandemicinc42 - Mar, 8 2020
DigitalOcean Explains How Cloud Computing Is A Force Multiplier For Small & Medium BusinessesTechCrunch - Feb, 20 2020
DigitalOcean raises $100M in debt as it scales toward revenue of $300M, profitabilityprweb - Jan, 29 2020
Jelastic Partnered with DigitalOcean to Offer Lightweight Private PaaSTechCrunch - Jan, 17 2020
DigitalOcean is laying off staff, sources say 30-50 affectedEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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