DigitalOcean is #5 in Top 17 Public Cloud Platforms
The developer cloud helping millions of developers easily build, test, manage, and scale applications of any size – faster than ever before.
Positions in ratings
#5 in Top 17 Public Cloud Platforms
The best alternatives to DigitalOcean are: Amazon Web Services, Heroku, Google Cloud Platform, Microsoft Azure
Latest news about DigitalOcean
2020. Cloud for developers DigitalOcean raises $50M
DigitalOcean, the cloud for developing modern apps, today announced it has closed a $50 million Series C funding round led by Access Industries, with participation from Andreessen Horowitz. DigitalOcean Cloud simplifies modern app creation for new generations of developers — from individual developers to startups and SMBs. Its infrastructure and platform-as-a-service (IaaS and PaaS) solutions provide a “no DevOps required” experience, allowing developers to focus their energy on creating innovative software. The new $50 million values the company at $1.15 billion, meaning it was worth $1.1 billion pre-money.
2020. Cloud infrastructure provider DigitalOcean raises $100M
DigitalOcean, a cloud infrastructure provider targeting smaller business and younger companies, announced today that it has secured $100 million. Because DigitalOcean is a self-serve SaaS business, folks can show up and get started without hand-holding from sales. Sales cycles are expensive and slow. But, while allowing small companies to sign up on their own sounds attractive, companies that often lean on this acquisition method struggle with churn. DigitalOcean is working to carve out an SMB and developer-focused cloud infra niche, keeping its economics in a good place by using low-CAC, self-serve revenue generation. The margins from that are paying for the company’s development, and its overall economics are good enough to allow it to leverage debt to invest in itself instead of equity. Overall, not what I expected to hear this morning, but that’s the fun part of news.