DigitalOcean is sponsoring Startup Grind NYC Hosts David Pakman, Partner at Venrock on Jul 19, 2017  


Total Equity Funding
$123.41M in 4 Rounds from 6 Investors
Most Recent Funding
Secondary Market on January 31, 2017 / Undisclosed Amount
New York, NY
DigitalOcean is the world’s simplest, fastest and most competitively priced cloud hosting service built for developers.
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Web Hosting, Cloud Computing, Virtualization

Company Details

June 24, 2011
251 - 500 | 21 in Crunchbase

DigitalOcean is an IaaS company that delivers the fastest and easiest way for developers and businesses to deploy and scale any application in the cloud. With a laser focus on simplifying the end-user experience, DigitalOcean accelerates software development so developers spend more time building features and less time managing their infrastructure. With more than 750,000 registered customers and over 40,000 teams, DigitalOcean has become the second largest and fastest growing cloud computing platform in the world.

Funding Rounds (8) - $305.41M

DateAmount / RoundValuationLead InvestorInvestors
Jan, 2017undisclosed amount / Secondary Market1
Apr, 2016$130M / Debt Financing7
Jul, 2015$83M / Series B2
Dec, 2014$50M / Debt Financing1
Mar, 2014$37.2M / Series A3
Sep, 2013$2M / Debt Financing1
Jul, 2013$3.21M / Seed3
May, 2012undisclosed amount / Seed2

Current Team (21)


Board Members and Advisors (2)


Products (2)

  • Attach highly available and scalable SSD-based Block Storage to your Droplet.
  • A Floating IP is an IP address that can be instantly moved from one Droplet to another Droplet in the same datacenter.

Competitors (5)

  • Amazon Web Services provides information technology infrastructure services to businesses in the form of web services.
  • Linode is a cloud hosting company offering customers on-demand access to Linux virtual servers on high speed internet connections.
  • NocRoom provides a global cloud communications turn-key platform that unifies voice messaging + business hosted email + server colocation
  • Rackspace provides hybrid cloud-based services that enable businesses to run their workload in a public or private cloud.
  • UpCloud offers the best IO performance in the cloud hosting space with MaxIOPS, scaling up to 100 000 IOPS.

Offices/Locations (1)

  • NYC

    101 Avenue of the Americas

    New York, NY 10013


Past Team (16)


Upcoming Event Appearances (1)

Startup Grind NYC Hosts David Pakman, Partner at Venrock

July 19, 2017 - July 19, 2017

6:30pm - 9:00pm

DigitalOcean, 101 Avenue of the Americas, 2nd Floor, New York, New York, United States

Learn how David Pakman built Apple Music Group and eMusic, and now invests in the next big thing at Venrock at Startup Grind NYC on 7/19.

Past Event Appearances (37)

Images (5)


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