DigitalOcean IPO

digitalocean.com

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.

Founded2012
Total Funding to Date$174.08MM
Register for Details

For more details on financing and valuation for DigitalOcean, register or login.

Please provide your first name.
Please provide your last name.
Please provide a valid email address.

By registering, you agree to the Forge Terms of Use. Already registered? Click here to log in

DigitalOcean Ticker Symbol

DigitalOcean does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

DigitalOcean Stock Price

The stock price for DigitalOcean will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).

Major Investors for DigitalOcean

Andreessen Horowitz
CrunchFund
IA Ventures
Access Industries
Fortress Investment Group
Techstars
Trinity Capital Investment

DigitalOcean Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
5/14/2020 Series C $1.15B $XXX.XX $XXX.XX
6/30/2015 Series B $691.39MM $XXX.XX $XXX.XX
3/6/2014 Series A1 $150.8MM $XXX.XX $XXX.XX
8/7/2013 Series Seed $14.1MM $XXX.XX $XXX.XX
Based on primary financings

Other companies like DigitalOcean in the Enterprise Software sector

Sector
Last Round Est. Valuation
$7.3B
Sector
Last Round Est. Valuation
$58.37MM
Sector
Last Round Est. Valuation
$129.59MM
Sector
Last Round Est. Valuation
$1.41B
Sector
Last Round Est. Valuation
$347.48MM
Sector
Last Round Est. Valuation
$400MM
Sector
Last Round Est. Valuation
$7.53B
Sector
Last Round Est. Valuation
$796.22MM