DigitalOcean

DigitalOcean

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Timeline

May 14, 2020

DigitalOcean closes a $50m Series C funding.

February 20, 2020

DigitalOcean raises a $100 million in new debt from a group of investors, bringing its 2016-era debt raise to a total of around $300 million.

February 2020

DigitalOcean raises $50M in funding and is valued at $1.15 Billion.

July 30, 2019

DigitalOcean appoints former SendGrid COO and CFO Yancey Spruill as its new CEO and former EnerNOC CFO Bill Sorenson as its new CFO.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
DigitalOcean seed round, July 2013
3,205,800
July 15, 2013
4 Results
Results per page:
Page 1 of 1

People

Name
Role
LinkedIn

Alec Hartman

Founder

Ben Uretsky

Founder

Brad Gillespie

Board member

Jason Seats

Board member

Jeff Carr

Founder

JP O'Brien

Advisor

Julia Austin

Advisor

Mitch Wainer

Founder

Moisey Uretsky

Founder

Nicole Glaros

Investor

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Alex Wilhelm
May 14, 2020
TechCrunch
Earlier today, DigitalOcean announced that it raised $50 million more from prior investors Access Industries and Andreessen Horowitz. The capital comes after the SMB and developer-focused cloud infrastructure company raised nine-figures worth of debt back in February. DigitalOcean is a large private company that generated revenue at a run rate of around $250 million towards [...]
Mary Ann Azevedo
May 14, 2020
Crunchbase News
Access Industries led the financing, which included participation from Andresseen Horowitz (a16z).
FinSMEs
May 14, 2020
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Alex Wilhelm
February 20, 2020
TechCrunch
DigitalOcean, a cloud infrastructure provider targeting smaller business and younger companies, announced today that it has secured $100 million in new debt from a group of investors, bringing its 2016-era debt raise to a total of around $300 million. The company's nearly $200 million debt raise in 2016 was preceded by an $83 million Series [...]
Ingrid Lunden
January 17, 2020
TechCrunch
After appointing a new CEO and CFO last summer, cloud infrastructure provider DigitalOcean is embarking on a wider reorganisation: the startup has announced a round of layoffs, with potentially between 30 and 50 people affected. DigitalOcean has confirmed the news with the following statement: "DigitalOcean recently announced a restructuring to better align its teams to its [...]
Frederic Lardinois
July 30, 2019
TechCrunch
DigitalOcean, the cloud infrastructure service that made a name for itself by focusing on low-cost hosting options in its early days, today announced that it has appointed former SendGrid COO and CFO Yancey Spruill as its new CEO and former EnerNOC CFO Bill Sorenson as its new CFO. Spruill will replace Mark Templeton, who only [...]

References

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