About DigitalOcean
DigitalOcean is a publicly listed company based in New York (United States) founded in 2011 by Jeff Carr, Ben Uretsky, Mitch Wainer, Moisey Uretsky, and Alec Hartman. DigitalOcean has raised $173.73 million across 10 funding rounds from investors including Barclays, HSBC and East West Bank. The company has 2,498 employees. DigitalOcean has completed 4 acquisitions, including Cloudways, Nimbella and Paperspace. DigitalOcean was last valued at $4 billion in January 2025. Its website digitalocean.com draws about 4.3 million monthly visits. DigitalOcean offers products and services including Droplets, Kubernetes, App Platform, Managed Databases, and GenAI Platform. Its focus areas include Enterprise Infrastructure, Cloud Infrastructure, IaaS and Hybrid Cloud. Its legal entity is DigitalOcean, LLC. Its competitors include 1&1 IONOS, Genpact and Progress.
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.
- Headquarters New York, United States
- Employees 2,498
- Founders Jeff Carr, Ben Uretsky, Mitch Wainer, Moisey Uretsky, Alec Hartman
- Stage Public
- SectorsTechnology
- Website category Computers Electronics and Technology · Web Hosting and Domain Names
- Website digitalocean.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Digitalocean Holdings, Inc.
- Annual Revenue$901.43 M (USD)15.48as on Dec 31, 2025
- Net Profit$259.26 M (USD)206.85as on Dec 31, 2025
- EBITDA$294.44 M (USD)33.19as on Dec 31, 2025
- Total Equity Funding$173.73M (USD)
in 10 rounds
- Latest Funding Round$1.5B (USD), Post-IPO
Nov 2021
- InvestorsBarclays
& 37 more
- Employee Count2,498
- Investments & AcquisitionsCloudways
& 3 more
Products & Services of DigitalOcean
DigitalOcean offers a comprehensive portfolio of products and services, including Droplets, Kubernetes, App Platform, Managed Databases, and GenAI Platform.
Scalable virtual machines for web and VPS hosting needs
Managed solution for scaling applications with high availability
Fully-managed platform to deploy apps quickly and cost-effectively
Automated databases like MongoDB for scalable data management
Platform for building and deploying AI agents with third-party models
Apps and channels of DigitalOcean
its YouTube channel DigitalOcean has 58K subscribers and 30 videos.
Videos from DigitalOcean
The most watched videos on DigitalOcean's YouTube channel, DigitalOcean (58K subscribers). Click a video to play it here.
More on DigitalOcean.
Funding Insights of DigitalOcean
DigitalOcean has successfully raised a total of $173.73M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.5 billion completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $173.73M
- Total Rounds 10
- Last Round Post-IPO — $1.5B
- First Round $118,000
(Aug 2012)
- Investors Count 38
All 10 funding rounds of DigitalOcean with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $1.5B | Post-IPO | – | – | – |
| May 2020 | $50M | Series C | – | Access Industries | |
| Feb 2020 | $100M | Debt – Conventional | – | – | – |
| Apr 2016 | $130M | Debt – Conventional | – | – | |
| Jun 2015 | $83M | Series B | – | Access Technology Ventures | |
| Dec 2014 | $50M | Debt – Conventional | – | – | |
| Jul 2014 | $10M | Debt – Conventional | – | – | |
| Feb 2014 | $37.2M | Series A | – | a16z | |
| Jul 2013 | $3.41M | Seed | – | IA Ventures | |
| Aug 2012 | $118,000 | Seed | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of DigitalOcean
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $4B (Jan 2025). 38 investors in total: 38 institutional.
Investors in DigitalOcean
DigitalOcean has secured backing from 38 investors, including venture fund and institutional investors. Prominent investors backing the company include Barclays, HSBC and East West Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and holding company controlled by Len Blavatnik | accessindustries.com | New York, United States | ||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Tech-focused VC firm funding companies in the US | accesstechnologyventures.com | New York, United States | ||
Private equity investments are directed toward growth-stage companies. | capxpartners.com | Chicago, United States | ||
Seed and early-stage venture capital firm focusing on investments in technology and fintech companies | iaventures.com | New York, United States | ||
Early-stage tech-focused VC firm investing primarily in the US | tuesday.vc | San Francisco, United States | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Private equity firm focused on growth equity investments on multiple sectors | j17capital.com | Toronto, Canada | ||
Venture capital investments and acceleration are provided across multiple sectors. | madica.vc | |||
VC & private debt firm focused on tech companies | 1977 | atel.com | San Francisco, United States |
Investor details for DigitalOcean
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People of DigitalOcean
222 people are tracked at DigitalOcean (47 in leadership, 7 in board & advisors, 168 in team); the tracked headcount is 2,498.
| Name | Role | Group |
|---|---|---|
Jeff Carr | Founder | Leadership |
Ben Uretsky | Founder | Leadership |
Mitch Wainer | Founder | Leadership |
Moisey Uretsky | Founder | Leadership |
Alec Hartman | Founder | Leadership |
Ali Ahmed | Senior Director Of Product Management | Leadership |
Cynthia Carpenter | Senior Vice President Of People | Leadership |
Camron Shahmirzadi | Vp, Revenue Operations | Leadership |
Venkatraghav Parthasarathy | General Manager | Leadership |
Jared Thomas | Global Head Of Growth | Leadership |
Katie Neiman | Lead People Business Partner | Leadership |
Kelly Lu | Head Of Growth And Web Engineering | Leadership |
Denise Ankarlo | Director, Accounting And SOX PMO | Leadership |
Cherie Barrett | Svp, Chief Accounting Officer | Leadership |
Desirae V. | Director, Corporate Fp&a | Leadership |
Darpan Dinker | Vp, Ai/ml And Paas | Leadership |
Liuba Yurgenson | Operations Director | Leadership |
Bratin Saha | Chief Product And Technology Officer | Leadership |
Scott Lemberger | Head Of Procurement | Leadership |
Becky Kurtz | Director, Employee Engagement And Internal Communications | Leadership |
202 more people are available in the full profile.
Complete people profiles for DigitalOcean
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IPO & Listings of DigitalOcean
DigitalOcean is a publicly listed company on the NYSE with ticker symbol DOCN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Mar 2021
- Listed onFRA: 0SU
- Listed entityDigitalOcean Holdings, Inc.
- Exchange sectorTechnology services
- ISINUS25402D1028
- Share price$128.21 (-2.44% on the day) · 2026-10-13
- Market capitalisation$15.07B
- Price to earnings58.4
- EPS (diluted, trailing year)$2.19
- Volume (last session)2,152,879
Financials of DigitalOcean
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $901.4M | $259.3M | $294.4M |
| 2024 | $780.6M | $84.5M | $221.1M |
| 2023 | $692.9M | $19.4M | $156.8M |
| 2022 | $576.3M | -$27.8M | $82.0M |
| 2021 | $428.6M | -$19.5M | $74.5M |
Detailed financial statements for DigitalOcean
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Investments & Acquisitions by DigitalOcean
DigitalOcean has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cloudways, Nimbella and Paperspace.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based platforms for machine learning development are provided. | paperspace.com | Brooklyn, United States | 2014 | Jul 2023 | $111M | |
Cloud-based server backup management software is provided for various platforms. | snapshooter.com | Norwich, United Kingdom | 2017 | Jan 2023 | •••• | |
Managed cloud hosting and app management platform | cloudways.com | Mosta, Malta | 2011 | Aug 2022 | $350M | |
Serverless cloud applications are developed and monitored on the platform. | nimbella.com | Santa Clara, United States | 2018 | Sep 2021 | •••• |
Complete acquisition details for DigitalOcean
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Timeline of DigitalOcean
9 dated milestones of DigitalOcean across 12 years, from founding to its latest funding, stage changes and deals.
- Founded DigitalOcean is founded.
- Funding First funding round of $118K.
- Milestone Reaches Unicorn status.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Nimbella.
- Funding Latest funding round, Post-IPO, of $1.5B.
- Acquisition Acquires Cloudways.
- Acquisition Acquires SnapShooter.
- Acquisition Acquires Paperspace.
Competitors of DigitalOcean
DigitalOcean has 3 listed competitors in our database. They include 1&1 IONOS, Genpact and Progress.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| progress.com | 1981 | Bedford, United States | 450 | IDE-based software is provided for application development and management. |
Detailed competitors of DigitalOcean
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Web traffic of DigitalOcean
The website of DigitalOcean (digitalocean.com) receives about 4.3M visits a month and ranks #10,513 among all websites worldwide, #1,467 in Web Hosting and Domain Names.
- Monthly visits4.3M
▲ 8.7% vs previous month
- Unique visitors1.3M
per month
- Global rank#10,513
among all websites
- Category rank#1,467
Computers Electronics and Technology · Web Hosting and Domain Names
- Bounce rate38%
- Pages per visit7.2
- Average visit5 min 44 sec
- DevicesDesktop 83% · Mobile 17%
Websites whose visitors overlap most with DigitalOcean. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| linode.com | 100% | 974.9K | #46,383 | View details | |
| elastichosts.com | 82% | View details | |||
| aws.amazon.com | 81% | 56.6M | #416 | View details | |
vps.net | vps.net | 77% | #1,466,829 | – | |
| hostinger.com | 76% | 45.5M | #880 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for DigitalOcean
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Top companies in PaaS & SaaS Platforms
3 companies that operate in the same segment as DigitalOcean (PaaS & SaaS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 |
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Related news about Digitalocean
Complete news archive for DigitalOcean
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Frequently Asked Questions about DigitalOcean
DigitalOcean was founded in 2011 and raised its 1st funding round 1 year after it was founded.
DigitalOcean is headquartered in New York, United States. It is registered at New York, New York, United States.
DigitalOcean is a funded company, having raised a total of $173.73M across 10 funding rounds to date. The company's 1st funding round was a Seed of $118K, raised on Aug 2012.
DigitalOcean has 2,498 employees.
Annual revenue of DigitalOcean is $901.43M as on Dec 31, 2025.
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.
DigitalOcean offers Droplets, Kubernetes, App Platform, Managed Databases, and GenAI Platform.
Yes, DigitalOcean is publicly traded on NYSE under the ticker symbol DOCN.
DigitalOcean has made 4 acquisitions, including Cloudways, Nimbella, and Paperspace.
DigitalOcean has 38 investors. Key investors include Barclays, HSBC, East West Bank, Pac-West Telecomm, and Fortress Investment.
The valuation of DigitalOcean is $4B as of Jan 2025.