DigitalOcean - About the company
DigitalOcean is a public company based in New York City (United States), founded in 2011 by Jeff Carr, Mitch Wainer, Ben Uretsky, and Moisey Uretsky. It operates as a Cloud based integrated application development platform. DigitalOcean has raised $174M in funding from investors like a16z, IA Ventures and Access Industries. The company has 91832 active competitors, including 982 funded and 5597 that have exited. Its top competitors include companies like UST, Happiest Minds and Endava.
Sectors and market segments that DigitalOcean operate in
DigitalOcean serves in the B2B, SaaS space in the Business Services market segments.The primary business model of DigitalOcean is:Company Details
Cloud based integrated application development platform. It provides a cloud computing platform to build, deploy, and scale cloud applications. It provides compute, object storage, networking, and tools to deploy infrastructure. It provides a control panel and API for developers to manage the infrastructure.
- Website
- Social
Key Metrics
Founded Year
2011
Location
New York City, United States
Stage
Public
Total Funding
in 10 rounds
Latest Funding Round
Ranked
11th among
Annual Revenue
as on Dec 31, 2023
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Odoo &
Exit Details
Public
Legal entities associated with DigitalOcean
DigitalOcean is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIN: 40103797276 Latvia, Deadpooled | Jun 09, 2014 | $3.07K (as on Dec 31, 2021) | 1 (as on Dec 31, 2021) | - |
CIN: 1582961 United States, Deadpooled | Jun 08, 2016 | $693M (as on Dec 31, 2023) | - | - |
CIN: 455207470 United States, Deadpooled | Dec 31, 1999 | - | 196 (as on Dec 31, 2015) | - |
CIN: 384017666 United States, Active | - | 591 (as on Dec 31, 2022) | - |
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DigitalOcean's funding and investors
DigitalOcean has raised a total funding of $174M over 10 rounds. Its first funding round was on Aug 09, 2012.
DigitalOcean has 48 institutional investors including a16z, IA Ventures and Access Industries.
Here is the list of recent funding rounds of DigitalOcean:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Nov 2021 | $1.5B | Post IPO | - | - | - |
May 08, 2020 | $50M | Series C | - | - | |
Feb 20, 2020 | $100M | Conventional Debt | - | - | - |
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DigitalOcean's founders and board of directors
Here are the details of DigitalOcean's key team members:
- Jeff Carr: Co-Founder & Chief Architect of DigitalOcean. They are also an angel investor in 1 startup.
- Mitch Wainer: Co-Founder & CMO of DigitalOcean and founder of 1 other company. They are also an angel investor in 4 startups.Contact Info:
- Ben Uretsky: Co-Founder & CEO of DigitalOcean and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info:
- : Co-Founder of DigitalOcean and founder of . They are also an angel investor in .
- Moisey Uretsky: Co-Founder & Director of DigitalOcean. They are also an angel investor in 1 startup.Contact Info:
View details of
DigitalOcean's employee count trend
DigitalOcean has 591 employees as of Dec 22. The total employee count is 28.0% more than what it was in Dec 21. Here is DigitalOcean's employee count trend over the years:
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DigitalOcean's Competitors and alternates
Top competitors of DigitalOcean include UST, Happiest Minds and Endava. Here is the list of Top 10 competitors of DigitalOcean, ranked by 秘密研究所 score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st | UST 1998, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | Temasek, Parallax Capital Partners听&补尘辫;听 | 76/100 |
2nd |  Happiest Minds 2011, Bengaluru (India), Public | IT services company | $64.8M | 76/100 | |
3rd | Endava 2000, London (United Kingdom), Public | Provider of software development, testing and strategy formulation for IT enterprises | - | 73/100 | |
4th | Accion Labs 2011, Pittsburgh (United States), Series A | Software Technology Services Firm | $93M | CPP Investments, True North听&补尘辫;听 | 73/100 |
5th |  Datamatics 1975, Mumbai (India), Public | Cloud based text analytics and cognitive automation tool | $3M | 72/100 | |
6th | Consulting and implementations company | $23.9M | Capital Group, WestBridge Capital听&补尘辫;听 | 72/100 | |
7th | Provider of business process management, financial and logistics services | $15.1M | ChrysCapital, Affirma Capital听&补尘辫;听 | 72/100 | |
8th | Cloud-based open-source enterprise resource planning software | $483M | General Atlantic, Summit Partners听&补尘辫;听 | 71/100 | |
9th | Ciena 1992, Hanover (United States), Public | Cloud-based platform offering network management software | - | InterWest Partners, Star Ventures听&补尘辫;听 | 71/100 |
10th | OutSystems 2001, Linda A Velha (Portugal), Series F | Low code application development platform | $803M | CPP Investments, KKR听&补尘辫;听 | 71/100 |
11th | 2011, New York City (United States), Public | Cloud based integrated application development platform | $174M | HighGear Ventures, HTIF听&补尘辫;听 | 71/100 |
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DigitalOcean's Investments and acquisitions
DigitalOcean has made 1 investments in companies including UVEye. DigitalOcean has also acquired 4 companies including Paperspace and SnapShooter. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 06, 2023 | Acquisition | 2014 | Brooklyn, United States | |
May 09, 2023 | Investments | 2016 | Teaneck, United States | |
Jan 19, 2023 | Acquisition | 2017 | Norwich, United Kingdom |
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Reports related to DigitalOcean
Here is the latest report on DigitalOcean's sector:
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News related to DigitalOcean
Media has covered DigitalOcean for a total of 46 events in the last 1 year, 34 of them have been about company updates and 3 about partnerships.
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SuperbCrew鈥�Mar 22, 2025鈥�, DigitalOcean
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