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
Share
Related Reports
Cloud Infrastructure
Vultr
Vultr raises $100M Series A at $500M valuation
Vultr raises $100M in Series A at $500M valuation. Cloud computing platform...
Editorial Team
Oct 30, 2024
0 min read•$100M
Cloud Infrastructure
Cloudflare
Cloudflare raises $1.25B Convertible Note at $32B valuation
Cloudflare raises $1.25B in Convertible Note at $32B valuation. Web infrastructure and security...
Editorial Team
Sep 11, 2024
0 min read•$1.25B
Cloud Infrastructure
Upbound
Upbound raises $60M Series B at $300M valuation
Upbound raises $60M in Series B at $300M valuation. Universal cloud platform...
Editorial Team
Jul 15, 2024
0 min read•$60M
Turn your sales ideas into reality today
Start your 14-day Pro trial today. No credit card required.
Start building for free