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Company

DigitalOcean

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 99 out of 100

Our mission is to simplify cloud and AI so builders can spend more time creating software that changes the world.

Also known as DigitalOcean, LLC.

  • AI models & AI infrastructure
  • Cloud & networking
  • Developer tools
  • AI native
Status
IPOas of 2026-09-17Source (opens in a new tab)
Business model
B2B
Founded
2012
Customers
software developers and the small-to-medium-sized businesses
Legal name
DigitalOcean, LLC.
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Record updated 8 October 2026

About

DigitalOcean was founded in 2012 to meet the needs of developers who were looking for simple, affordable cloud computing solutions. Our first product, the Droplet, is an easy-to-use virtual machine that can be spun up in just minutes. Over the past decade, DigitalOcean has evolved to serve both software developers and the small-to-medium-sized businesses that are at the heart of innovation today.

Funding snapshot

Total raised
$1.2BSum of rounds, as of 2026-10-08Source (opens in a new tab)
Latest round
Secondary, $800M2026-03

Funding rounds

Secondary
$800M2026-03, Announced
Round, 2020
$50M2020-05, Announced
Debt
$130M2016-04, Announced
Series B
$83M2015-07, Announced
Debt
$50M2014-12, Announced
Series A
$37.2M2014-03, Announced
Seed
$3.2M2013-07, Announced

About the company

Status notes
IPO

Products

Web
App Platform
Web
Droplets
Web
Inference
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