Tech Company Financing Transactions
DigitalOcean Funding Round
DigitalOcean, based in New York, secured $3.2 million from IA Ventures and private investors.
Transaction Overview
Company Name
Announced On
8/8/2013
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Seed
Investors
IA Ventures (Lead Investor)
Proceeds Purpose
Improvements are crucial in the New York-based company's quest to thrive inside a crowded market, which is why the new money will be useful.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
101 Ave. of the Americas
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Website
Email Address
Overview
Founded in 2012, and with offices in New York and Cambridge, MA, DigitalOcean provides the easiest cloud platform to deploy, manage, and scale applications of any size, removing infrastructure friction and providing predictability so developers and their teams can spend more time building better software. We offer simple services, transparent pricing, an elegant user interface.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yancey Spruill
Chief Financial Officer
William Sorenson
Chief Marketing Officer
Carly Brantz
Chief Technical Officer
Barry Cooks
Vice President
Rafael Mojica
VP - Engineering
AI Sene
VP - Finance
Adrienne Calderone
VP - General Counsel
Alan Shapiro
VP - Product Management
Apurva Joshi
Browse more venture capital transactions:
Prev: 8/8/2013: Soasta venture capital transaction
Next: 8/8/2013: Precision Therapeutics venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs