Cloud Infrastructure
DigitalOcean
DigitalOcean raises $350M Convertible Note at $6B valuation
101 6th Avenue, New York, NY 10013August 23, 20241 min read
Total Raised
$350M
Valuation
$6B
Latest Round
Convertible Note
Employees
1500+
DigitalOcean: Convertible Note Funding Round
DigitalOcean has successfully raised $350M in Convertible Note funding, reaching a valuation of $6B.
Company Overview
Cloud computing platform for developers
Funding Details
The Convertible Note round was led by IA Ventures, with participation from CrunchFund, Techstars, Andreessen Horowitz, Access Industries.
Company Information
- Headquarters: 101 6th Avenue, New York, NY 10013
- Founded: 2011
- Employees: 1500+
- Category: Cloud Infrastructure
Investment
DigitalOcean plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- IA Ventures: Verified investor in Convertible Note
- CrunchFund: Verified investor in Convertible Note
- Techstars: Verified investor in Convertible Note
- Andreessen Horowitz: Verified investor in Convertible Note
- Access Industries: Verified investor in Convertible Note
Company Info
Headquarters
101 6th Avenue, New York, NY 10013
Founded
2011
Team Size
1500+
Last Round
$350M(Aug 2024)
Investors (5)
I
IA VenturesLeadLead Investor
Verified investor in Convertible Note
C
CrunchFundInvestor
Verified investor in Convertible Note
T
TechstarsInvestor
Verified investor in Convertible Note
A
Andreessen HorowitzInvestor
Verified investor in Convertible Note
A
Access IndustriesInvestor
Verified investor in Convertible Note
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