DigitalOcean

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