DigitalOcean
New York, New York, United States
How DigitalOcean hit $357M revenue and 700K customers in 2021.
DigitalOcean is a cloud computing platform that provides a cloud platform to deploy, manage, and scale applications of any size. Its infrastructure and platform-as-a-service solutions provide a no DevOps required experience, allowing developers to focus their energy on creating innovative software. By combining the power of simplicity, love for the developer community, an obsession for customer service, and the advantages of open source, DigitalOcean brings software development within the technical and economic reach of anyone around the world. DigitialOcean was formed in 2012 and is headquartered in New York, NY, USA.
2012
Founded
$357M
2021 Revenue
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YOY
$455.4M
Funding
DigitalOcean Revenue
In 2021, DigitalOcean revenue run rate hit $357M in revenue.
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2021
DigitalOcean hit $357M in revenue in 2021
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2012
DigitalOcean launched in 2012 with $0 revenue
DigitalOcean Funding History
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2021 Post-IPO Equity
DigitalOcean raised a Post-IPO Equity of in September, 2021
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2020 Secondary Market
DigitalOcean raised a Secondary Market of in September, 2020
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2020 Series C
DigitalOcean raised a Series C of in September, 2020
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2020 Series C
DigitalOcean raised a Series C of in May, 2020
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2020 Debt Financing
DigitalOcean raised a Debt Financing of in February, 2020
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2019 Venture Round
DigitalOcean raised a Venture Round of in October, 2019
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2018 Secondary Market
DigitalOcean raised a Secondary Market of in December, 2018
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2018 Venture Round
DigitalOcean raised a Venture Round of in March, 2018
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2018 Venture Round
DigitalOcean raised a Venture Round of in February, 2018
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2017 Venture Round
DigitalOcean raised a Venture Round of in November, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| September, 13 2021 | Post-IPO Equity | ||
| September, 14 2020 | Secondary Market | ||
| September, 03 2020 | Series C | ||
| May, 14 2020 | Series C | ||
| February, 21 2020 | Debt Financing | ||
| October, 08 2019 | Venture Round | ||
| December, 27 2018 | Secondary Market | ||
| March, 15 2018 | Venture Round | ||
| February, 02 2018 | Venture Round | ||
| November, 01 2017 | Venture Round |
Team
DigitalOcean has 906 total employees and 24 sales reps that carry a quota. They have 700,000 customers an engineering team of 341 and a marketing team of 39.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 906 |
| Engineer | 341 (38%) |
| Sales | 24 (3%) |
| Marketing | 39 (4%) |
Founder / CEO
Yancey Spruill
As Chief Executive Officer, Yancey drives the overall strategy for DigitalOcean leading the company through its next phase of profitable growth. He brings a wealth of technical, financial, and leadership experience and spent the last 15 years in senior executive roles at technology companies including SendGrid and DigitalGlobe.
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
DigitalOcean Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Yancey Spruill | Chief Executive Officer | [email protected] | - |
DigitalOcean Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Yancey Spruill | Chief Executive Officer | [email protected] | - |
| Rafael Mojica | Vice President of User Experience | [email protected] | - |
| Bill Sorenson | Chief Financial Officer | [email protected] | - |
| Carly Brantz | Chief Marketing Officer | [email protected] | - |
| Danielle Fisher | Vice President of Customer Support | [email protected] | - |
| JJ Festoso | Vice President of Strategic Sourcing | [email protected] | - |
| Apurva Joshi | Vice President of Products | [email protected] | - |
| Jeff Guy | Chief Operating Officer | [email protected] | - |
| Al Sene | Vice President Of Engineering | - | - |
| Matt Norman | Chief People Officer | [email protected] | - |
| Chris Higgins | Vice President of Infrastructure | [email protected] | - |
| Adrienne Calderone | Vice President of Finance | [email protected] | - |
| Brian Erickson | Vice President of FP&A at Digital, Ocean | [email protected] | - |
| Arif Kadir | Vice President of Revenue Marketing | [email protected] | - |
| Barry Cooks | Chief Technology Officer | [email protected] | - |
DigitalOcean Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Pueo Keffer | Board of Director | [email protected] | - |
| Amy Butte | Board of Director | [email protected] | - |
| Steve Dow | Board of Director | - | - |
| Ben Uretsky | Board of Director | [email protected] | - |
| Peter Levine | Board of Director | [email protected] | - |
| Brad Gillespie | Board of Director | [email protected] | - |
| Moisey Uretsky | Board of Director | [email protected] | - |
Frequently Asked Questions about DigitalOcean
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When was DigitalOcean founded?
DigitalOcean was founded in 2012.
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How much revenue does DigitalOcean generate?
DigitalOcean generates $357M in revenue.
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Who is the CEO of DigitalOcean
The CEO of DigitalOcean is Yancey Spruill.
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How much funding does DigitalOcean have?
DigitalOcean raised $455.4M.
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How many employees does DigitalOcean have?
DigitalOcean has 906 employees.
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Where is DigitalOcean headquarters?
DigitalOcean is headquartered at New York, New York, United States
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