When was DigitalOcean founded?

DigitalOcean was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is DigitalOcean located?

DigitalOcean is headquartered in New York City, United States.

How many employees does DigitalOcean have?

As of Apr 30, 2026, the latest employee count at DigitalOcean is 2433.

Is DigitalOcean a funded company?

DigitalOcean is a funded company, having raised a total of $174M across 10 funding rounds to date. The company's 1st funding round was a $118K Seed round, raised on Aug 09, 2012.

When was the latest funding round of DigitalOcean?

DigitalOcean's latest funding was a $1.5B Post IPO round on Nov 2021, with participation from 0 investor.

What is the annual revenue of DigitalOcean?

Annual revenue of DigitalOcean is $901M as on Dec 31, 2025.

Is DigitalOcean a Cloud Infrastructure company?

The primary sectors of DigitalOcean are Cloud Infrastructure, PaaS and Enterprise Storage.

Where does DigitalOcean rank among its competitors?

DigitalOcean ranks 5th amongst 1032 active competitors, of which 152 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Wasabi, which secured $250M in Apr, 2026.

Who are the top competitors of DigitalOcean?

DigitalOcean's top competitors include Oracle, Vercel and Dell. Among them, Wasabi secured the most recent funding round in April, 2026.

DigitalOcean - 2026 Company Profile, Team, Funding, Competitors & Financials

DigitalOcean is a public company based in New York City (United States), founded in 2011 by Jeff Carr, Mitch Wainer, Alec Hartman and Moisey Uretsky. It operates as a Provider of cloud infrastructure, virtual machines, and managed database hosting. DigitalOcean has raised $174M in funding from investors like Andreessen Horowitz, IA Ventures and Access Industries. The company has 1032 active competitors, including 152 funded and 115 that have exited. Its top competitors include companies like Oracle, Vercel and Dell.

Company Details

Provider of cloud infrastructure, virtual machines, and managed database hosting. It offers tools for application development, AI and machine learning, and data analytics. The company provides virtual private networks, load balancers, and DDoS protection. It also features developer tools, APIs, and support plans.

Key Metrics

Founded Year

2011

Location

New York City, United States

Stage

Public

Total Funding

$174M in 10 rounds

Latest Funding Round

Post IPO, Nov 2021, $1.5B

Investors

Andreessen Horowitz & 47 more

Ranked

5^th among 1032 active competitors

Annual Revenue

$901M as on Dec 31, 2025

Employee Count

2,433 as on Apr 30, 2026

Investment & Acquisitions

Katanemo & 5 more

Similar Companies

Oracle & 1213 more

Exit Details

Public

View DigitalOcean's full profile

DigitalOcean is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Digital Ocean CIN: 40103797276 , Latvia, Deadpooled	Jun 09, 2014	$3.07K (As on Dec 31, 2021)	1 (As on Dec 31, 2021)	-
DIGITAL OCEAN, INC. CIN: 455207470 , United States, Active	Dec 31, 1999	-	414 (As on Dec 31, 2018)	-
DIGITALOCEAN HOLDINGS, INC. CIN: 1582961 , United States, Active	Jun 08, 2016	$901M (As on Dec 31, 2025)	-	-
DROPLET OFFSHORE SERVICES PRIVATE LIMITED CIN: U72200KA2016FTC086851 , India, Active	Mar 10, 2016	$6.43M (As on Mar 31, 2021)	134 (As on Feb 29, 2024)
DIGITALOCEAN, LLC CIN: 384017666 , United States, Active		-	514 (As on Dec 31, 2024)	-

DigitalOcean got listed on Mar 24, 2021.

Click here to take a look at DigitalOcean's IPO in detail

DigitalOcean has raised a total funding of $174M over 10 rounds. Its first funding round was on Aug 09, 2012. DigitalOcean has 48 institutional investors.

Here is the list of recent funding rounds of DigitalOcean:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 2021	$1.5B	Post IPO	-	-	-	-
May 08, 2020	$50M	Series C	$1.15B	-	Access Industries	Andreessen Horowitz
Feb 20, 2020	$100M	Conventional Debt	-	-	-	-

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View details of DigitalOcean's funding rounds and investors

The founders of DigitalOcean are Jeff Carr, Mitch Wainer, Alec Hartman and Moisey Uretsky.

Here are the details of DigitalOcean's key team members:

Jeff Carr: Former Co-Founder & Chief Architect of DigitalOcean. They are also an angel investor in 1 startup.
Mitch Wainer: Former Co-Founder & CMO of DigitalOcean and founder of 1 other company. They are also an angel investor in 4 startups.
Contact Info: 1 email address
Alec Hartman: Co-Founder of DigitalOcean and founder of 2 other companies, Welcome Homes and Whalor. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Moisey Uretsky: Former Co-Founder & Director of DigitalOcean. They are also an angel investor in 1 startup.

View details of DigitalOcean's Founder profiles and Board Members

DigitalOcean's employee count trend

DigitalOcean has 2,433 employees as of Apr 26. Here is DigitalOcean's employee count trend over the years:

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Top competitors of DigitalOcean include Oracle, Vercel and Dell. Here is the list of Top 10 competitors of DigitalOcean, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oracle 1977, Austin (United States), Public	Hybrid cloud infrastructure platform	-	EGI Booster, rifvc.com & 32 others	83/100
2nd	Vercel 2015, Covina (United States), Series F	Provider of cloud infrastructure and developer tools for web applications	$863M	Accel, GIC & 30 others	81/100
3rd	Dell 1984, Round Rock (United States), Public	Provider of enterprise servers and cloud solutions	-	CampVentures, RBC Capital Markets & 11 others	81/100
4th	IBM 1911, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 16 others	80/100
5th	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	HTIF, HighGear Ventures & 46 others	80/100
6th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	79/100
7th	Nutanix 2009, San Jose (United States), Public	AI powered cloud management software for enterprises	$317M	Sapphire Ventures, Goldman Sachs & 31 others	75/100
8th	Heroku 2007, San Francisco (United States), Acquired	Saas based provider of integrated platform as a service solutions	$17M	Harrison Metal, Ignition Partners & 16 others	74/100
9th	Wasabi 2015, Boston (United States), Series E	Cloud storage provider offering scalable solution for businesses	$484M	Forestay Capital, L2 Point & 26 others	71/100
10th	FluidStack 2017, New York City (United States), Series B	Provider of managed high performance computing clusters for artificial intelligence	$953M	Mercuri, Karmel Capital & 7 others	69/100

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DigitalOcean has made 1 investments in companies including Uveye Technologies. DigitalOcean has also acquired 5 companies including Katanemo and Paperspace.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 02, 2026	Acquisition	Katanemo	2022	Bellevue (United States)
Jul 06, 2023	Acquisition	Paperspace	2014	Brooklyn (United States)
May 09, 2023	Investments	Uveye Technologies	2016	New York (United States)