Fundraising Fox

Digital Ocean

NYSE: DOCNTechstars '12

New York City, US · Delaware corporation · 11 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 Toolsin /digitalocean@digitalocean

Founders & leadership

MU
Moisey UretskyExecutive Officer, Director
BU
Ben UretskyExecutive Officer, Director
PK
Pueo KefferDirector
JS
Jason SeatsDirector
PL
Peter LevineDirector
BG
Brad GillespieDirector

Investors · 11

Access Technology Ventures
Andreessen HorowitzMenlo Park · $500K – $50Mvia Peter Levine · board
Arkin CapitalHerzliya
CrunchFundvia Michael Arrington · inferred
Hanaco Venture CapitalHerzliya · $2M – $20Mvia Lior Prosor · led
Mighty CapitalSan Francisco
TechstarsBoulder · $220K
Torch CapitalNew York
Transmedia CapitalSan Francisco · $5M
Tuesday CapitalSan Francisco
Veligera CapitalNew York

Reported raises · per SEC filings

Form D private placements
▶$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)
Made this video with a Digital Ocean founder about the road from HN to Series Cyoutube.com · Aug 2020
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 ↗

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

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

Gradient Health builds an open research platform for medical imaging that enables developers to create and validate machine learning algorithms for radiology workflows. The platform provides secure access to production-scenario medical datasets and integrates with PACS vendors to support clinical imaging research.

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