DigitalOcean Overview

  • Founded
  • 2011
Founded
  • Status
  • Private
  • Employees
  • 624
Employees
  • Latest Deal Type
  • Series C
  • Latest Deal Amount
  • $50M
Latest Deal Amount
  • Investors
  • 22

DigitalOcean General Information

Description

Developer of a cloud hosting and app management platform intended to simplify cloud computing. The company's platform features add-on storage, security, and monitoring capabilities tuned to host and scale applications like blogs, web applications, testing environments, in-memory caching, and databases, enabling developers to deploy, manage and scale applications of any size efficiently and quickly.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Systems and Information Management
Other Industries
Software Development Applications
Database Software
Primary Office
  • 101 6th Avenue
  • New York, NY 10013
  • United States

DigitalOcean Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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DigitalOcean Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC (Series C) 14-May-2020 $50M 00000 00.00 Completed Profitable
10. Debt - General 20-Feb-2020 00000 00000 Completed Profitable
9. Secondary Transaction - Private 00000 Completed Profitable
8. Secondary Transaction - Private 01-Jan-2017 00000 Completed Profitable
7. Debt - General 07-Apr-2016 00000 Completed Generating Revenue
6. Debt - General 01-Jan-2016 0000 00000 Completed Generating Revenue
5. Later Stage VC (Series B) 02-Jul-2015 0000 00000 00000 Completed Generating Revenue
4. Debt - General 09-Dec-2014 0000 000.00 Completed Generating Revenue
3. Early Stage VC (Series A1) 06-Mar-2014 $37.2M $42.6M 00000 Completed Generating Revenue
2. Debt - General 10-Sep-2013 $2M $5.41M Completed Generating Revenue
To view DigitalOcean’s complete valuation and funding history, request access »

DigitalOcean Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C 0,000,000 00.000000 00.00 000.00 000.00 00 000.00 0.000
Series B 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Series A1 18,304,092 $0.000025 $0.12 $2.07 $2.07 1x $2.07 17.62%
Seed 12,517,832 $0.000025 $0.02 $0.26 $0.26 1x $0.26 12.05%
To view DigitalOcean’s complete cap table history, request access »

DigitalOcean Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a cloud hosting and app management platform intended to simplify cloud computing. The company's platform fe
Systems and Information Management
New York, NY
624 As of 2021
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00000000 00000000000 000000000000
Houston, TX
000 As of 0000
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0000000 000 00000000000 0000000000
NJ
00 As of 0000
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DigitalOcean Competitors (36)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
cPanel Private Equity-Backed Houston, TX 000 00 000000
00000 Corporation NJ 00
00000000 Private Equity-Backed Roubaix, France 0000 00000 000000000 00 00000
000000000 Venture Capital-Backed Mosta, Malta 000 0000000000 0
0000000 Venture Capital-Backed Helsinki, Finland 000 00.000 00000000000 00.000
You’re viewing 5 of 36 competitors. Get the full list »

DigitalOcean Executive Team (49)

Name Title Board Seat Contact Info
Yancey Spruill Chief Executive Officer & Board Member
William Sorenson Chief Financial Officer
Jeff Guy Chief Operating Officer
Barry Cooks Chief Technology Officer
Carly Brantz Chief Marketing Officer
You’re viewing 5 of 49 executive team members. Get the full list »

DigitalOcean Board Members (12)

Name Representing Role Since
Amy Butte DigitalOcean Board Member 000 0000
Ben Uretsky Self Co-Founder & Board Member 000 0000
Brad Gillespie Ph.D IA Ventures Board Member 000 0000
Hilary Schneider Self Board Member 000 0000
Jason Seats Techstars Board Member 000 0000
You’re viewing 5 of 12 board members. Get the full list »

DigitalOcean Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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DigitalOcean Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
2B Global Capital Growth/Expansion Majority 000 0000 000000 0
Fisher Capital Investments Corporate Venture Capital Minority 000 0000 000000 0
Alpha Square Group Family Office Minority 000 0000 000000 0
Basil Capital Venture Capital Minority 000 0000 000000 0
Black River Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 22 investors. Get the full list »

DigitalOcean Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 0000 01-Jan-2020 000000000000000000 Energy Production
0000000 04-Apr-2019 000000000000000000 Software Development Applications
00000000000 15-Jul-2013 000000000000000000 Systems and Information Management
000'0'000 000000000 000.00 Social/Platform Software
Marax Early Stage VC Business/Productivity Software
To view DigitalOcean’s complete investments and acquisitions history, request access »

DigitalOcean Subsidiaries (2)

Company Name Industry Location Founded
Nanobox Software Development Applications Lehi, UT 2017
00000000000 Systems and Information Management New York, NY 0000
To view DigitalOcean’s complete subsidiaries history, request access »