DigitalOcean

DigitalOcean

Cloud computing platform for developers and businesses

About

DigitalOcean provides cloud computing services that enable developers and businesses to build, deploy, and scale applications efficiently. Its platform offers a range of fully managed services that simplify the process of managing infrastructure, allowing users to focus on software development. DigitalOcean stands out from competitors by emphasizing simplicity, a strong community, and open-source support, which helps users quickly get started and find solutions to their challenges. The company's goal is to empower developers and small to medium-sized businesses to innovate and grow by providing the tools and resources they need to succeed in the cloud.

Company Stage

IPO

Employees

1,001-5,000

Industries

Data & Analytics, Enterprise Software

Total Funding

$168.5M

Headquarters

N/A

Founded

2012


Simplify Jobs

Simplify's Take

What believers are saying

  • The appointment of experienced leaders like Wade Wegner and Bratin Saha signals strong strategic direction and potential for growth.
  • Partnerships with companies like LinkDaddy enhance DigitalOcean's ecosystem, providing additional value to customers.
  • The continuous enhancement of services, such as the introduction of Managed OpenSearch and advanced MongoDB configurations, demonstrates DigitalOcean's commitment to innovation and customer needs.

What critics are saying

  • The competitive cloud services market, dominated by giants like AWS, Azure, and Google Cloud, poses a significant challenge to DigitalOcean's market share.
  • Legal issues, such as the recent case with the Dutch gambling regulator, could impact the company's reputation and operational stability.

What makes DigitalOcean unique

  • DigitalOcean's focus on simplicity and community support sets it apart from larger, more complex cloud service providers like AWS and Google Cloud.
  • Their fully managed offerings, such as Managed OpenSearch and MongoDB, provide specialized solutions that cater specifically to developers and SMBs.
  • DigitalOcean's revamped App Platform emphasizes cost efficiency and scalability, making it particularly attractive for startups and growing technology businesses.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

16%

2 year growth

30%

Benefits

Remote-first

Full health coverage

Wellness coverage

Flexible vacation time

Team-building & social events

401(k) plans

ESPP

Education support

Partner support

Employee giving

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