DigitalOcean was founded in June 2011 by Ben Uretsky, Moisey Uretsky, Alec Hartman, Mitch Wainer, and Jeff Carr. In a blog from February 2018, then-CEO Ben Uretsky referred to an IPO as “a long-term goal we have frequently discussed internally.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
DigitalOcean is a cloud infrastructure provider for developers. In a press release from September 2019, the company stated it has $250 million in revenue run rate, representing more than 500,000 customers. The company has raised nearly $175 million in Venture Capital funding from investors including Black River Ventures, Torch Capital, Access Technology Ventures, Andreessen Hotowitz, IA Ventures, and Tuesday Capital. Per company press releases, DigitalOcean last raised $50 million in May 2020 at a post-money valuation of nearly $1.15 billion.
DigitalOcean completed their IPO on March 24, 2021 to list on NYSE with ticker DOCN at an implied valuation of $5B. Forge no longer actively tracks this company.
DigitalOcean completed their IPO on March 24, 2021 to list on NYSE with ticker DOCN at an implied valuation of $5B. Forge no longer actively tracks this company.
Company Details
DigitalOcean was founded in June 2011 by Ben Uretsky, Moisey Uretsky, Alec Hartman, Mitch Wainer, and Jeff Carr. In a blog from February 2018, then-CEO Ben Uretsky referred to an IPO as “a long-term goal we have frequently discussed internally.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
DigitalOcean is a cloud infrastructure provider for developers. In a press release from September 2019, the company stated it has $250 million in revenue run rate, representing more than 500,000 customers. The company has raised nearly $175 million in Venture Capital funding from investors including Black River Ventures, Torch Capital, Access Technology Ventures, Andreessen Hotowitz, IA Ventures, and Tuesday Capital. Per company press releases, DigitalOcean last raised $50 million in May 2020 at a post-money valuation of nearly $1.15 billion.
You may invest in DigitalOcean as it is a public company listed on the NYSE with ticker DOCN. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.
Can you sell shares of DigitalOcean before it goes public?
You can no longer sell shares of DigitalOcean on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.
What is the pre-IPO value of my DigitalOcean shares?
Forge can no longer determine the value of DigitalOcean shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.
Is DigitalOcean a publicly traded company?
DigitalOcean became a public company following its IPO on 03/24/2021 and is now traded on the NYSE under the ticker DOCN.
To learn more about DigitalOcean potential IPO
Will DigitalOcean go IPO?
DigitalOcean became a public company following its IPO on 03/24/2021 and is now traded on the NYSE under the ticker DOCN.
What is DigitalOcean’s IPO price?
The IPO price of DigitalOcean is not currently available.
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Updated on: Dec 21, 2024
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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.
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December Private Market Update
