DigitalOcean Holdings, Inc. announced a new $725 million equipment finance facility to fund capacity expansion. The facility matures on September 10, 2030, and includes an accordion option of up to $300 million. The funding will support growth and adapt to increasing customer needs
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Company
DigitalOcean
Location
Broomfield, Colorado, United States
About
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. DigitalOcean combines the power of simplicity, community, open source, and customer support so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth. For more information, visit digitalocean.com or follow @digitalocean on Twitter.
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