# DigitalOcean

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digitalocean

- Industry: Software
- Headquarters: New York, US
- Website: www.digitalocean.com
- Total disclosed funding: $174M
- Latest round: Series C (May 8, 2020)
- Investors on record: 5

## About

Based in New York, US, and founded in 2012, DigitalOcean, LLC provides integrated solutions that enable developers to create, deploy, manage, secure, scale, and monitor applications including artificial intelligence and machine learning workloads, hosted services, and client websites. The company was co-founded by Alec Hartman, Ben Uretsky, Jeff Carr, Mitch Wainer, and Moisey Uretsky. In July 2023, DigitalOcean, LLC, a portfolio company of Access Industries, Andreessen Horowitz, CapX Partners, IA Ventures, Mighty Capital, Techstars Ventures, Tuesday Capital, and Viaduct Ventures, acquired Preqin, Ltd. from Center Electric Ventures for USD 111 million.
 
DigitalOcean, LLC works with developers, by offering the solutions (Infrastructure as a Service) and SaaS-based (Software as a service). The company enables developers to host a website, build web and mobile applications, create streaming services, develop gaming applications, set-up VPN (Virtual Private Network), run big data workloads, cloud partnerships, build and scale SaaS solutions, and manage cloud hosting.

DigitalOcean, LLC generates revenue by selling cloud-based infrastructure and platform solutions to developers.

## Funding rounds

- Series C, May 8, 2020, $50M — Access Industries, Andreessen Horowitz
- Series B, Jun 30, 2015, $83M — Access Industries, Andreessen Horowitz
- Series A, Feb 28, 2014, $37M — Andreessen Horowitz, IA Ventures, Tuesday Capital
- Seed, Jul 15, 2013, $3.4M — IA Ventures, Tuesday Capital, Techstars
- Seed, Aug 9, 2012, $0M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- IA Ventures (https://capitalatlas.ai/funds/ia-ventures) — Seed, Series A
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed, Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C
- Access Industries (https://capitalatlas.ai/funds/access-industries) — Series B, Series C