DigitalOcean revenue hit $357M in 2024

DigitalOcean generates revenue from 700000 customers


New York, New York, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

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.






2021 Revenue







DigitalOcean Revenue

In 2021, DigitalOcean revenue run rate hit $357M in revenue.

  • 2021

    DigitalOcean hit $357M in revenue in 2021

  • 2012

    DigitalOcean launched in 2012 with $0 revenue

DigitalOcean Funding History

  • 2021 Post-IPO Equity

    DigitalOcean raised a Post-IPO Equity of in September, 2021

  • 2020 Secondary Market

    DigitalOcean raised a Secondary Market of in September, 2020

  • 2020 Series C

    DigitalOcean raised a Series C of in September, 2020

  • 2020 Series C

    DigitalOcean raised a Series C of in May, 2020

  • 2020 Debt Financing

    DigitalOcean raised a Debt Financing of in February, 2020

  • 2019 Venture Round

    DigitalOcean raised a Venture Round of in October, 2019

  • 2018 Secondary Market

    DigitalOcean raised a Secondary Market of in December, 2018

  • 2018 Venture Round

    DigitalOcean raised a Venture Round of in March, 2018

  • 2018 Venture Round

    DigitalOcean raised a Venture Round of in February, 2018

  • 2017 Venture Round

    DigitalOcean raised a Venture Round of in November, 2017

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


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.

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.


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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

  • When was DigitalOcean founded?

    DigitalOcean was founded in 2012.

  • How much revenue does DigitalOcean generate?

    DigitalOcean generates $357M in revenue.

  • Who is the CEO of DigitalOcean

    The CEO of DigitalOcean is Yancey Spruill.

  • How much funding does DigitalOcean have?

    DigitalOcean raised $455.4M.

  • How many employees does DigitalOcean have?

    DigitalOcean has 906 employees.

  • Where is DigitalOcean headquarters?

    DigitalOcean is headquartered at New York, New York, United States

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