DigitalOcean is a cloud infrastructure platform offering compute, storage, and networking products including virtual private servers (Droplets), managed databases, Kubernetes, managed load balancers, firewalls, and App Platform. The company serves developers, startups, and small-to-medium businesses (SMBs) with straightforward, developer-friendly cloud services and an AI-Native Cloud platform for inference and agentic workloads.
DigitalOcean is publicly traded
IPO'd on March 24, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under DOCN.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
1,400–2,400
Total Funding
$223.52M
6 rounds
Last Private Valuation
$1.15B
May 14, 2020
Total raised $223.52M across 6 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
May 14, 2020
Amount
$50M
Valuation
$1.15B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 14, 2020 | Series C | $50M | $1.15B | Access Industries, Andreessen Horowitz |
| July 8, 2015 | Series B | $83M | — | Access Industries |
| December 2014 | Debt facility | $50M | — | Fortress Credit Corp |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series A
$0.2B
Mar 2014
DigitalOcean today
$1.1B
May 2020 · latest mark
DigitalOcean multiple
7.5x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Paddy Srinivasan
Chief Executive Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Amazon Web Services (AWS)
Largest cloud infrastructure provider offering EC2, storage, networking, and 200+ services; market leader but targets larger enterprises.
Linode (Akamai)
Developer-friendly cloud hosting founded 2003, acquired by Akamai in 2022; competitor for VPS and compute offerings.
Vultr
Cloud computing provider launched 2014 offering competitive pricing on VPS, bare metal, and managed services; strong developer focus.
Google Cloud Platform
Google's cloud infrastructure and services platform competing in compute, storage, databases, and analytics.
Microsoft Azure
Microsoft's cloud services platform offering compute, storage, databases, and enterprise solutions.
OVHcloud
European cloud infrastructure provider offering public cloud, bare metal, and managed services; strong European presence.
Yes, DigitalOcean is publicly traded under the ticker symbol DOCN on the NYSE. The company went public in March 24, 2021.
DigitalOcean trades under the ticker symbol DOCN on the NYSE. It began trading in March 24, 2021.
DigitalOcean (DOCN on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker DOCN to place an order.
DigitalOcean went public in March 24, 2021 via ipo, with an offering valuation of approximately $1.15B. DigitalOcean completed its initial public offering on March 24, 2021, pricing 16.5 million shares at $47 per share on the NYSE under ticker DOCN, raising $775 million. The company has grown from profitable operations to strong financial performance with 2025 revenue of $901.4M (+15.5% YoY), net income of $259M (+207% YoY), and Adjusted EBITDA of $375M. As of May 2026, the stock trades near $147.91 per share with a market cap of approximately $10-15 billion, significantly outperforming from IPO price after a stellar Q1 2026 earnings beat.
DigitalOcean raised $223.52M across 6 disclosed funding rounds prior to its public listing.
DigitalOcean is headquartered in New York, NY, United States.
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