Digitalocean

DigitalOcean is a cloud computing platform that allows developers to build, deploy, manage and scale container applications. Read more

1,259 Followers on Owler
1,259 Followers on Owler
1,259 Followers on Owler
1,259 Followers on Owler

Digitalocean

DigitalOcean is a cloud computing platform that allows developers to build, deploy, manage and scale container applications. Read more

Yancey Spruill's photo - CEO of Digitalocean

CEO

Yancey Spruill

CEO Approval Rating

69/100

Founded:

2012

Status:

PublicIndependent CompanyNYSEDOCN

DIGITALOCEAN TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

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Linode is the top competitor of Digitalocean. Linode is headquartered in Philadelphia, Pennsylvania, and was founded in 2003. Linode competes in the Internet Software field. Linode generates 26% the revenue of Digitalocean.

Vultr is perceived as one of Digitalocean's biggest rivals. Vultr was founded in West Palm, Florida} in 2014. Like Digitalocean, Vultr also operates in the IT Services industry. Compared to Digitalocean, Vultr generates $369.6M less revenue.

Heroku is seen as one of Digitalocean's top competitors. Heroku is a Private company that was founded in San Francisco, California in 2007. Heroku operates in the Internet Software industry. Heroku has 281 fewer employees vs. Digitalocean.

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Digitalocean Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$374.6M

Digitalocean's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 84.3M. Over the last two quarters, Digitalocean's revenue has grown by 28.7%. Specifically, in Q1 2021's revenue was $93.7M; in Q1 2020, it was $72.8M.

Digitalocean Acquisitions

No recent acquisitions found related to Digitalocean

Digitalocean Funding History

Since Digitalocean was founded in 2012, it has participated in 9 rounds of funding. In total Digitalocean has raised $1.3B. Digitalocean's last funding round was on Mar 2021 for a total of $775.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Mar 2021
$775.5M

Series C
May 2020
$50M
Debt
Feb 2020
$100M
-
Debt
Jun 2018
$50M
-
Debt
Apr 2016
$130M

Since Digitalocean was founded in 2012, it has participated in 9 rounds of funding. In total Digitalocean has raised $1.3B. Digitalocean's last funding round was on Mar 2021 for a total of $775.5M

Digitalocean Investments

No recent investments found related to Digitalocean

Digitalocean News

April 28, 2021TechCrunch

DigitalOcean says customer billing data accessed in data breach

DigitalOcean has emailed customers warning of a data breach involving customers' billing data, TechCr... See more »
March 25, 2021Crain's Newyork Business

New York tech IPO market heats up with third debut this month

DigitalOcean, a cloud services company based in SoHo, launched on the New York Stock Exchange Wednesd... See more »
March 25, 2021StorageNewsletter

$47 Per Share

DigitalOcean LLC announced the pricing of its IPO of 16,500,000 shares of common stock at a price to ... See more »
March 25, 2021The Tech Portal

Cloud computing upstart DigitalOcean's stock market debut witnesses 10% fall on opening day

DigitalOcean, the cloud computing upstart that debut on the stock markets amid...... See more »
March 25, 2021News Break

DigitalOcean IPO | News Break

DigitalOcean went public today, and I am so proud of the team's journey to get to this incredible mil... See more »
March 24, 2021CNBC

Small cloud provider DigitalOcean starts trading on NYSE

DigitalOcean delivered 25% growth in 2020, but the company has not built up a large cache of revenue ... See more »
March 24, 2021USA Science News

Brothers Ben and Moisey Uretsky have a stake worth more than $630 million from DigitalOcean's IPO. Here's who else got rich from the cloud company's debut.

Summary List PlacementAccess Industries: $1.03 billion Access Industries' venture capital arm Access ... See more »

Digitalocean Blogs

April 6, 2021Digitalocean Blog

Build powerful WordPress websites without the hassle of database management

WordPress is one of the most popular content management system (CMS) solutions and is used by over 40... See more »
March 31, 2021Digitalocean Blog

Latest products and features at DigitalOcean: March 2021

We launched exciting new capabilities in March to help you achieve better performance, scalability, a... See more »
March 24, 2021Digitalocean Blog

DigitalOcean becomes a public company

Today is a proud day for all of us here at DigitalOcean. It's also a tremendously exciting day for ou... See more »
February 22, 2021Digitalocean Blog

Latest products and features at DigitalOcean: February 2021

February was a busy month at DigitalOcean as we introduced Premium Droplets, plus updates to many oth... See more »
February 18, 2021Digitalocean Blog

Learning on the Cloud: Expanding DigitalOcean's partnership with the GitHub Student Developer Pack

DigitalOcean has offered students the opportunity to build in the cloud through the GitHub Student De... See more »
February 11, 2021Digitalocean Blog

A glimpse into network availability

A simple yet effective approach to network monitoring... See more »
February 11, 2021Digitalocean Blog

Welcome to Navigators: DigitalOcean's Ambassador Program

It's a new year but the DigitalOcean team remains set on fulfilling the same mission guided by the sa... See more »

Digitalocean Press Releases

September 30, 2020GlobalNewswire

DigitalOcean to Host Inaugural deploy Developer Conference

Free 24-hour event will gather a global community of developers to discuss the most pressing topics i... See more »
August 27, 2020StreetInsider

DigitalOcean Survey Finds SMBs Prioritizing IT and Cloud Security

New report highlights unique needs, finds SMBs are still hiring despite COVID-19NEW YORK, Aug. 27, 20... See more »
March 10, 2020GlobeNewswire

Leading Open Source Content Management Now Deployed with the Click of a Button

Headless CMS Strapi now available on the DigitalOcean MarketplaceHeadless CMS Strapi now available on... See more »
January 29, 2020PRWeb

Jelastic Partnered with DigitalOcean to Offer Lightweight Private PaaS

Jelastic PaaS Lite Edition is now available for automatic installation on top of DigitalOcean's infra... See more »
September 11, 2019GlobeNewswire

DigitalOcean Named to Forbes 2019 Cloud 100 List

Cloud provider recognized as one of the world's top 100 private cloud companies for fourth consecutiv... See more »
September 9, 2019PRWeb

Izenda Partners With DigitalOcean To Help App Developers Easily Deploy & Integrate Analytics Capabilities Into Their Applications

Izenda's leading embedded analytics platform is now available on DigitalOcean's Marketplace of 1-Clic... See more »
December 1, 2017StreetInsider

(A)I cracked the Enigma Code in record time!

Today DigitalOcean’s powerful Droplets (cloud servers) have been used by AI experts, Enigma Pattern, ... See more »

Digitalocean Videos

Social Media

Digitalocean Headquarters

101 Avenue of the Americas 10th Floor

New York, New York10013

347-903-7918

Driving Directions »

Trending Companies

Digitalocean Summary

ABOUT

Overview

Digital Ocean, Inc. is a cloud hosting platform that focuses on simplifying web infrastructure for software developers. The advantages of DigitalOcean include: SSD-only cloud - DigitalOcean's servers use only high-performance Solid State Disks. Their ...

CEO

Digitalocean's CEO, Yancey Spruill, currently has an approval rating of 69%. Digitalocean's primary competitors are Linode, Vultr & Heroku.

Website

digitalocean.com

Frequently Asked Questions about Digitalocean

  1. When was Digitalocean founded?

    Digitalocean was founded in 2012
  2. Who is Digitalocean's CEO?

    Digitalocean's CEO is Yancey Spruill
  3. How much revenue does Digitalocean generate?

    Digitalocean generates $374.6M in revenue
  4. How much funding does Digitalocean have?

    Digitalocean has historically raised $1.3B in funding
  1. Where is Digitalocean's headquarters?

    Digitalocean's headquarters is in New York New York, USA
  2. How many employees does Digitalocean have?

    Digitalocean has 581 employees
  3. What sector does Digitalocean operate in?

    Digitalocean is in IT Services, Systems Software, SaaS
  4. Who are Digitalocean's competitors?

    Digitalocean's top competitors are Linode, Vultr, Heroku