Fundraising Fox

DigitalOcean

NYSE: DOCNalso invests · investor profileTechstars '12

New York City, US · Founded 2016 · Delaware corporation · 13 known investors

digitalocean.com

DigitalOcean provides cloud infrastructure and AI tools for developers and builders, offering services including virtual machines (Droplets), Kubernetes, managed databases, and serverless functions. The company serves software developers and teams building applications globally.

AI & Machine LearningCloud ComputingDeveloper Tools

Founders & leadership

DigitalOcean was founded in 2016 by Moisey Uretsky and Ben Uretsky.

MU
Moisey UretskyCo-founder
BU
Ben UretskyCo-founder
KA
Karl AlomarNamed on SEC filing
MW
Mitchell WainerNamed on SEC filing

Board

PKPueo Keffer
Pueo KefferBoard directorSenior Managing Director, Access Technology Ventures at Access Technology Ventures
JS
Jason SeatsBoard director
PLPeter Levine
Peter Levinein𝕏Board directorGeneral Partner at Andreessen Horowitz
BG
Brad GillespieBoard director

Investors · 13

Reported raises · per SEC filings

Form D private placements

$205.1M disclosed across 4 rounds · 2014–2021

$34.9MraisedSep 2021 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Warren JensonDirector
  • Matthew NormanExecutive Officer
  • Peter LevineDirector
  • Pratima AroraDirector
  • Pueo KefferDirector
  • William SorensonExecutive Officer
  • Hilary SchneiderDirector
  • Alan ShapiroExecutive Officer
  • Jeffrey GuyExecutive Officer
  • Warren AdelmanDirector
  • Yancey SpruillExecutive Officer, Director
  • Barry CooksExecutive Officer
  • Carly BrantzExecutive Officer
  • Amy ButteDirector
Offering amount
$34.9M
Amount sold
$34.9M
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$50MraisedMay 2020 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Yancey SpruillExecutive Officer, Director
  • Pueo KefferDirector
  • Brad GillespieDirector
  • Ben UretskyDirector
  • Amy ButteDirector
  • Peter LevineDirector
  • Moisey UretskyDirector
  • Alan ShapiroExecutive Officer
  • Steve DowDirector
Offering amount
$50M
Amount sold
$50M
First sale
May 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$83MraisedJul 2015 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Moisey UretskyExecutive Officer, Director
  • Ben UretskyExecutive Officer, Director
  • Pueo KefferDirector
  • Jason SeatsDirector
  • Peter LevineDirector
  • Brad GillespieDirector
Offering amount
$83M
Amount sold
$83M
Proceeds to insiders
$10M
First sale
Jun 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$37.2MraisedMar 2014 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason SeatsDirector
  • Karl AlomarExecutive Officer
  • Ben UretskyExecutive Officer, Director
  • Moisey UretskyExecutive Officer, Director
  • Mitchell WainerExecutive Officer
  • Brad GillespieDirector
  • Peter LevineDirector
Offering amount
$37.3M
Amount sold
$37.2M
First sale
Feb 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

5 people who came through DigitalOcean went on to found or lead other companies.

Competitors · 3

by search overlap

Companies competing with DigitalOcean for the same Google search keywords, organic and paid, via search-intersection analysis.

Acquisitions · 3

Early investors' stakes continue via these deals
Cloudways

Managed cloud hosting company acquired by DigitalOcean (NYSE: DOCN) in August 2022 at a $350M valuation.

Katanemo

Katanemo provides AI infrastructure and engineering services to help companies develop and deploy AI agents to production. The company combines research and open-source technologies to accelerate agent development.

Paperspace

Paperspace provided cloud GPU infrastructure and a machine learning development platform, Gradient, for training and deploying AI models. It was acquired by DigitalOcean in 2023.

In the news

Frequently asked questions

What does DigitalOcean do?
DigitalOcean provides cloud infrastructure and AI tools for developers and builders, offering services including virtual machines (Droplets), Kubernetes, managed databases, and serverless functions. The company serves software developers and teams building applications globally.
Who founded DigitalOcean?
DigitalOcean was founded by Moisey Uretsky, Ben Uretsky in 2016.
Who are DigitalOcean's investors?
DigitalOcean's investors include Access Technology Ventures, Andreessen Horowitz, Arkin Capital, Balaji Srinivasan, CrunchFund, Hanaco Venture Capital, Junipero, Mighty Capital and 5 more.
How much funding has DigitalOcean raised?
DigitalOcean has disclosed $205.1M raised across 4 rounds.
Where is DigitalOcean headquartered?
DigitalOcean is headquartered in New York City, US.