Tech Company Financing Transactions
DigitalOcean Funding Round
DigitalOcean closed a $50 million funding round on 12/9/2014. Investors included Fortress Investment Group.
Transaction Overview
Company Name
Announced On
12/9/2014
Transaction Type
Debt
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
DigitalOcean itself has also been expanding. It had 40 employees at the beginning of the year. It now has 110, Mr. Uretsky said. To accommodate them, the company leased a larger office space in SoHo, a prime location in New York. It has also been spending on testing new hardware "that costs many times more and allows more capacity.
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
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