DigitalOcean
New York City, United States · Cloud Computing, Cloud Infrastructure, Information Technology · 2,191 employees
DigitalOcean simplifies cloud computing so developers and businesses can spend more time building software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers, startups and small and medium-sized businesses (SMBs) rapidly build, deploy and scale applications to accelerate innovation and increase productivity and agility. Digit
Funding history
- Series credit facility amendment — $112.5M — May 2026
- Funding Round — $625.0M — Aug 2025
Recent signals
- Jun 10, 2026: DigitalOcean Appoints Kevin Van Gundy as Chief Revenue Officer and Leo Leung as Chief Marketing Officer
- May 04, 2026: SEC 8-K (1.01): On May 4, 2026, DigitalOcean Holdings, Inc. entered into an Amendment No. 1 to Credit Agreement with DigitalOcean, LLC, Paperspace Co., and other lenders, including Morgan Stanley Senior Funding, Inc. The amendment increases the revolving credit facility by $112.5 million and the letter of credit sublimit by $50 million. This modification is significant as it enhances the company's liquidity and financial flexibility, allowing for better management of operational needs. The changes made to the 'Indebtedness' definition will also affect how capitalized leases are accounted for, potentially influencing future financial statements.
- May 04, 2026: Raised $112.5M in Series credit facility amendment
- Apr 05, 2026: Acquired DigitalOcean acquires Katanemo and Plano for AI focus
- Apr 02, 2026: Acquired DigitalOcean acquires Katanemo Labs for AI growth
- Jan 03, 2026: DigitalOcean partners with Persistent Systems to enhance scalable AI infrastructure.
- Dec 16, 2025: DigitalOcean and Persistent Systems form a multi-year partnership to enhance AI accessibility and scalability.
- Nov 26, 2025: SEC 8-K (5.02): On November 20, 2025, Bratin Saha notified DigitalOcean Holdings, Inc. of his intention to resign from his role as Chief Product and Technology Officer. The resignation is mutually agreed to take effect on November 26, 2025. This decision was amicable and not due to any disagreements regarding the company’s operations or policies. The strategic impact of this change in management may affect DigitalOcean's product and technology strategies moving forward.
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