DigitalOcean

About DigitalOcean

DigitalOcean provides simple, scalable cloud infrastructure for developers and businesses, focusing on enterprise-grade solutions trusted by over 600,000 customers. Their mission is to help developers build and ship applications faster with powerful, cost-effective tools and reliable support, enabling businesses to grow while maintaining budget control.

Products & Services

Droplets:Scalable virtual machines for various computing needs.

Kubernetes:Managed Kubernetes for effective scaling of applications.

Gradient:AI-focused product to build and scale AI applications with GPU Droplets and 1-Click Models.

App Platform:Platform to get apps to market faster.

Managed Databases:Managed database services including MongoDB, MySQL, PostgreSQL, Kafka, Valkey, and OpenSearch.

Storage:Includes Spaces Object Storage and Volume Block Storage for data management.

Networking Solutions:Includes Virtual Private Cloud (VPC), Cloud Firewalls, Load Balancers, DNS, and DDoS Protection.

Developer Tools:Tools like API, CLI, Monitoring, Uptime, and Identity and Access Management for developers.

Marketplace:Offers 1-Click Apps and Add-Ons for Droplets, Kubernetes, and AI Models.

Specialties

Cloud Infrastructure AI and Machine Learning GPU Computing Managed Hosting Kubernetes Virtual Machines Managed Databases Blockchain Infrastructure Data Analytics Web and Mobile App Hosting

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 625000000 MR: - FA: $625 million FAN: 625000000	D: 2025-08-18 FD: 2025-08-18	-
2	RT: Convertible Senior Notes T: - FT: Convertible Senior Notes	A: 550000000 MR: - FA: $550 million FAN: 550000000	D: 2025-08-12 FD: 2025-08-12	-

Debt Latest

2025-08-18

$625.0M

Convertible Senior Notes 2025-08-12

$550.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

P

Paddy Srinivasan

Chief Executive Officer

M

Matt Steinfort

Chief Financial Officer

B

Bratin Saha

Chief Product and Technology Officer

C

Cynthia Carpenter

Senior Vice President, People

L

Larry D'Angelo

Chief Revenue Officer

W

Wade Wegner

Chief Ecosystem and Growth Officer

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Recent News

DigitalOcean Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised