DigitalOcean Revenue and Competitors

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Location

#2281

Growjo Ranking

Estimated Revenue & Valuation

  • DigitalOcean's estimated annual revenue is currently $396.4M per year.(i)
  • DigitalOcean received $130.0M in venture funding in April 2016.
  • DigitalOcean's estimated revenue per employee is $409,102
  • DigitalOcean's total funding is $491.3M.
  • DigitalOcean's pricing is $60 per year.
  • DigitalOcean's current valuation is $6.3B. (January 2022}

Employee Data

  • DigitalOcean has 969 Employees.(i)
  • DigitalOcean grew their employee count by 31% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$39.7M2499%N/AN/A
#2
$41M283N/AN/AN/A
#3
$7.7M53N/AN/AN/A
#4
$42.3M265-13%N/AN/A
#5
$34.2M236N/AN/AN/A
#6
$12M0N/A$33.7MN/A
#7
$3.3M23N/AN/AN/A
#8
$25.8M1629%N/AN/A
#9
$17.7M1156%$131MN/A
#10
$25.6M1637%$109.5MN/A
#11
$5.9M41N/AN/AN/A
#12
$29.4M203N/AN/AN/A
#13
$0.6M0N/AN/AN/A
#14
$150.5M550-13%$129.6MN/A
#15
$4.1M28N/AN/AN/A
#16
$18.4M12321%$74MN/A
#17
$126.5M73116%$220MN/A
#18
N/A42N/AN/AN/A
#19
$1.6M186%N/AN/A
#20
$14.1M97N/AN/AN/A

Founded in 2012, and with offices in New York and Cambridge, MA, DigitalOcean provides the easiest cloud platform to deploy, manage, and scale applications of any size, removing infrastructure friction and providing predictability so developers and their teams can spend more time building better software. We offer simple services, transparent pricing, an elegant user interface. Were always thinking of ways to make developers lives easier, including an intuitive interface and flexible API, a robust set of features, thousands of tutorials, and one of the largest libraries of open source resources available. It's what brings us together and keeps us going. Were independent thinkers, open communicators, and voracious learners. We get the job doneand we have fun doing it!

keywords:SaaS,Cloud Computing,Data Storage,Enterprise Software,Network / Hosting / Infrastructure,Software Development,Storage

$491.3M

Total Funding

969

Number of Employees

$396.4M

Revenue (est)

31%

Employee Growth %

$6.3B

Valuation

N/A

Accelerator

DigitalOcean News

2022-04-19 - KeyCorp Trims DigitalOcean (NASDAQ:DOCN) Target Price to $54.00

Piper Sandler initiated coverage on DigitalOcean in a research note on Monday, April 4th. They issued an “overweight” rating and a $72.00 target...

2022-04-19 - Expert Ratings for DigitalOcean Holdings - Benzinga

In the last 3 months, 4 analysts have offered 12-month price targets for DigitalOcean Holdings. The company has an average price target of...

2022-04-13 - DigitalOcean: A Baby Cloud Services Provider Thrown Out With The Growth Bathwater

DigitalOcean provides a highly-differentiated cloud services platform that is purpose-built for developers, entrepreneurs, and small-medium-...

2021-11-16 - Report: 69% of businesses say cloud technologies helped their pandemic recovery

According to DigitalOcean’s recent report, 86% of businesses that reported increased cloud usage during the pandemic peak said their cloud usage has continued to increase in 2021, indicating there’s no slowdown in sight for digital acceleration and cloud adoption. The pandemic is still top-of-m ...

2021-10-14 - DigitalOcean : Grow even faster with the new control plane for DigitalOcean Kubernetes

Back in 2018, we launched DigitalOcean Kubernetes, a managed Kubernetes offering that makes it easy to provision and deploy production-grade Kubernetes clusters. Over the years we have made numerous enhancements to the product and added features such as autoscaling for clusters, tokenized authen ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$307.9M9691%N/A
#2
$299.1M971-8%N/A
#3
$204M97810%$145.9M
#4
N/A97811%$38M
#5
N/A97931%N/A

DigitalOcean Funding

DateAmountRoundLead InvestorsReference
2013-08-08$3.2MUndisclosedIA VenturesArticle
2014-03-07$37.2MAAndreessen HorowitzArticle
2014-05-01$13.0MUndisclosedFountain PartnersArticle
2014-07-10$10.0MUndisclosedCapX PartnersArticle
2014-12-10$50.0MUndisclosedFortress Investment Group LLCArticle
2015-07-09$83.0MBAccess IndustriesArticle
2016-04-15$130.0MUndisclosedKeyBanc Capital Markets IncArticle