Cloud Infrastructure
DigitalOcean
DigitalOcean raises $350M Convertible Note at $6B valuation
$350M
Total Raised
Convertible Note
Latest Round
2011
Founded
1500+
Employees
101 6th Avenue, New York, NY 10013
1 min read
Quick Facts
Valuation
$6B
Latest Round Size
$350M
Latest Round Date
August 2024
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
Key Investors
IA Ventures
Lead Investor
Verified investor in Convertible Note
CrunchFund
Investor
Verified investor in Convertible Note
Techstars
Investor
Verified investor in Convertible Note
Andreessen Horowitz
Investor
Verified investor in Convertible Note
Access Industries
Investor
Verified investor in Convertible Note
About the Author
Editorial Team
Curated funding news from verified sources
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