DigitalOcean

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

DigitalOcean is a public cloud-computing company focused on making infrastructure and AI cloud services simple, predictable, and accessible to developers, startups, and digital-native businesses. Its platform serves more than 680,000 customers and millions of developers globally.

Primary product

An integrated cloud and AI platform providing compute/ Droplets, Kubernetes, App Platform, storage, networking, managed databases, GPU infrastructure, inference, data services, and agent orchestration.

Founded

2012

Headquarters

Broomfield, Colorado, United States

Team size

Approximately 1,400–1,500; company described over 1,500 global employees in January 2026

Work style

Flexible

Industry

Software and cloud computing

Sub-industry

Cloud infrastructure, platform-as-a-service, managed hosting, AI infrastructure and inference

Offices

Broomfield, Colorado, United States (headquarters)

New York, New York, United States

Hyderabad, India

Karachi, Pakistan

San Francisco, California, United States (planned/coming soon)

Business model

Usage-based cloud infrastructure and platform services

Managed database, storage, networking, and Kubernetes services

GPU infrastructure and AI inference services

Subscription/usage-based managed hosting through Cloudways

Enterprise and high-spend customer contracts

Funding

Stage

Public company (NYSE: DOCN; IPO in 2021)

Latest round

Convertible senior notes due 2030 · Aug 2025

Latest amount

$625M

Convertible senior notes due 2030

Aug 2025

$625M

Post-IPO equity

Sep 2021

IPO

Mar 2021

Series C

May 2020 · Access Industries

$50M

Debt financing

Feb 2020

$100M

Secondary market

Dec 2018

Series B

Jul 2015 · Access Technology Ventures

$83M

Series A

Jan 2013 · Andreessen Horowitz

Techstars Boulder accelerator / seed

Jan 2012 · Techstars

People & investors

Leadership

Paddy Srinivasan

Chief Executive Officer

Matt Steinfort

Chief Financial Officer

Vinay Kumar

Chief Product and Technology Officer

Kevin Van Gundy

Chief Revenue Officer

Leo Leung

Chief Marketing Officer

Brady Mickelsen

Chief Legal and Administrative Officer

Founders

Alec Hartman

Co-founder

Ben Uretsky

Co-founder; founding CEO

Jeff Carr

Co-founder

Mitch Wainer

Co-founder; former Chief Marketing Officer

Moisey Uretsky

Co-founder; former Chief Product Officer and board member

Investors

Access Industries

Access Technology Ventures

Work & culture

The company emphasizes developer empathy, simplicity, customer impact, high performance, AI innovation, remote work combined with in-person collaboration, and global teamwork. It describes employees as a global workforce working through remote, hybrid, or office-based arrangements depending on role and manager agreement.

Work style

Flexible

Compensation

DigitalOcean states that it benchmarks compensation competitively, targets at least market midpoint, offers bonuses and equity for eligible employees, and provides an employee stock purchase plan. Public job-specific salary ranges were not established in the retrieved evidence.

Benefits

Competitive salary and annual bonus

Equity grants

Employee stock purchase plan

401(k) match for eligible US employees

Medical, dental, vision, and mental-health insurance

Life and income-protection insurance

Parental leave

Flexible paid time off

Home-office setup support

Internet, phone, and wellness stipends

Education, certification, conference, and LinkedIn Learning support

Employee donation matching

Product & market

Pricing

Transparent, usage-based pricing for infrastructure and managed services, with free trials/credits and product-specific hourly or monthly rates; enterprise contracts may include committed usage.

Differentiators

—Developer-first simplicity and low operational complexity
—Predictable and transparent economics
—Integrated infrastructure, cloud, inference, data, and agent layers
—Open platform with no vendor lock-in
—Strong developer education and community content
—Focus on inference and production AI rather than only bare-metal GPU rental
—Global regions and managed services designed for startups and digital-native businesses

Technology

Linux

Kubernetes

GPU computing

AI/ML inference

Managed databases

Object and block storage

Virtual machines/Droplets

Ruby on Rails

C++

React

Ember.js

Prometheus

Kibana

Splunk

Ceph

ClickHouse

OpenID Connect

GitHub Actions

HashiCorp Vault

Customers

More than 680,000 customers globally

Developers and software teams

Startups and small and medium-sized businesses

Digital-native enterprises

AI-native businesses

Web and mobile application developers

E-commerce companies

Media and gaming companies

Competitors

Amazon Web Services

Microsoft Azure

Google Cloud

Vultr

Linode/Akamai

OVHcloud

Hetzner

CoreWeave

Cloudflare

Scale & contact

Estimated revenue

Approximately $900 million–$1.0 billion annual revenue; FY2025 revenue was $901.4 million and trailing-twelve-month revenue was reported around $949 million as of March 31, 2026.

Estimated monthly visits

6.1M

Signals & risks

Acquisition

Apr 2026

Acquired Katanemo Labs to add agentic-AI infrastructure capabilities; Katanemo co-founder Salman Paracha joined as Senior Vice President of AI.

Source

Acquisition

Jul 2023

Acquired Paperspace to expand GPU, machine-learning, and AI cloud capabilities.

Source

Acquisition

Jan 2023

Acquired SnapShooter, expanding backup and managed hosting capabilities.

Source

Other

Aug 2025

Closed $625 million of zero-interest convertible senior notes due 2030 and used proceeds primarily to refinance/repurchase 2026 notes; this introduces material debt and dilution-management considerations.

Source

Other

Aug 2026

Company risk disclosures cite competition, AI/ML adoption, security breaches, profitability sustainability, capacity constraints, and the execution risks of accelerated data-center and GPU investment.

Source

Latest news

DigitalOcean Announces Second Quarter 2026 Financial Results

DigitalOcean Investor Relations · Aug 2026

Reported $281 million Q2 revenue, up 29% year over year, $234 million AI customer ARR, and raised its 2026 growth outlook to approximately 30%.

DigitalOcean Acquires Katanemo Labs

DigitalOcean Investor Relations · Apr 2026

The acquisition added agentic-AI primitives and expanded DigitalOcean's strategy toward an integrated inference and agent cloud.

DigitalOcean Announces Fourth Quarter and Fiscal Year 2025 Financial Results

DigitalOcean Investor Relations · Feb 2026

FY2025 revenue reached $901 million, up 15%, with $1 billion annualized monthly run-rate revenue reached in December 2025.

DigitalOcean Announces Closing of $625 Million Convertible Senior Notes Offering

DigitalOcean Investor Relations · Aug 2025

Closed a $625 million 0% convertible-notes offering due 2030, primarily refinancing 2026 notes.

Careers Company/about Documentation Engineering blog GitHub LinkedIn company Pricing Products Website X

SourcesDigitalOcean executive management DigitalOcean careers, work policy and benefits DigitalOcean investor relations overview FY2025 results Q2 2026 results Q1 2026 results Techstars company history and Series C DigitalOcean 2025 convertible notes Semrush traffic estimate

Jobs and careers at DigitalOcean

158 jobs at DigitalOcean

Senior Manager of Engineering, Compute

On-site

Core Cloud

Seattle; DigitalOcean Seattle Office

1d ago

On-site

Full-time