DigitalOcean

DigitalOcean is a cloud infrastructure company that provides developers cloud services that help to deploy and scale applications that run simultaneously on multiple computers.

DigitalOcean provides the easiest cloud platform to deploy, manage, and scale applications of any size, removing infrastructure friction and providing predictability so developers and their teams can spend more time building better software.

DigitalOcean was founded in June 24, 2011, by Ben Uretsky, Moisey Uretsky, Jeff Carr, Mitch Wainer, and Alec Hartman. The company is headquartered in New York City with data centers worldwide.

 

DigitalOcean and its Developer Cloud simplify modern app creation for new generations of developers — from individual developers to startups and SMBs. Its infrastructure and platform-as-a-service (IaaS and PaaS) solutions provide a "no DevOps required" experience, allowing developers to focus their energy on creating innovative software.

 

DigitalOcean's optimized configuration process saves your team time when running and scaling distributed applications, AI & machine learning workloads, hosted services, client websites, or CI/CD environments. By combining the power of simplicity, love for the developer community, an obsession for customer service, and the advantages of open source, DigitalOcean brings software development within technical and economic reach of anyone around the world.

 

DigitalOcean is backed by Andreessen Horowitz, Fortress Investment Group, Access Industries, IA Ventures and others. The company raised $100M in a Debt financing on Feb 20, 2020. This brings DigitalOcean's total funding to $405.4M in Equity and Debt round.

 

 

  • Year founded: 2011
  • Funding Info: $405.4M over 10 Rounds (Latest Funding Type: Debt Financing)
  • Yearly Revenue: $250M (2019)
  • Employee Size: 501-1,000
  • Business Valuation: NA
  • City/Town: New York City
  • State: New York
  • Country: United States
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