DigitalOcean
American cloud infrastructure provider
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March 2025 | Flexential announced a partnership with DigitalOcean to expand GPU infrastructure, involving a phased deployment of high-density GPU servers at Flexential's Atlanta-Douglasville data center to support AI and machine learning workloads. |
February 2024 | Yancey Spruill left DigitalOcean. |
August 2022 | DigitalOcean acquired Cloudways, a Pakistani cloud hosting service provider, for $350 million in an all-cash deal. |
May 2022 | DigitalOcean released DigitalOcean Functions, a serverless platform based on technology from Nimbella and the Apache OpenWhisk project. |
March 2022 | The company acquired CSS-Tricks, a learning website for front-end developers. |
2021 | DigitalOcean launched a managed MongoDB database service. |
September 2021 | DigitalOcean announced plans to acquire Nimbella, a serverless startup. |
March 24 2021 | DigitalOcean became a publicly traded company on the New York Stock Exchange, with an initial public offering price of $47 per share. |
October 2020 | DigitalOcean faced significant criticism for its Hacktoberfest event, which inadvertently encouraged massive spurious pull requests on open source GitHub repositories, effectively creating an unintentional 'distributed denial of service attack' against open source maintainers. |
May 2020 | DigitalOcean raised an additional $50 million from Access Industries and Andreessen Horowitz. |
July 2019 | Yancey Spruill, former CFO and COO of SendGrid, replaced Mark Templeton as CEO. Bill Sorenson was appointed as the new CFO. |
June 2018 | Mark Templeton, former CEO of Citrix, replaced co-founder Ben Uretsky as the company's CEO. |
May 2018 | DigitalOcean launched a Kubernetes-based container service. |
April 2018 | DigitalOcean was temporarily blocked in Russia by Roskomnadzor due to Russian data localization laws and hosting of Telegram Messenger and VPS services. |
January 16 2018 | DigitalOcean introduced new droplet (virtual machines) plans. |
2017 | DigitalOcean partnered with Stripe to sponsor the Libscore tool, providing the developer community with free access to web development tool analytics. |
2017 | DigitalOcean expanded their feature set by adding load balancers to their cloud platform offering. |
April 2016 | DigitalOcean secured US$130 million in credit financing to expand its cloud services. |
July 2015 | The company raised US$83 million in its series B round of funding, led by Access Industries with participation from Andreessen Horowitz. |
December 2014 | DigitalOcean secured US$50 million in debt financing from Fortress Investment Group as a five-year term loan. |
March 2014 | The company raised a series A round of funding of US$37.2 million, led by Andreessen Horowitz. |
July 2013 | DigitalOcean received its initial seed funding of US$3.2 million, led by IA Ventures. |
2012 | The founding team of Ben Uretsky, Moisey Uretsky, Mitch Wainer, Jeff Carr, and Alec Hartman was formed. The company was accepted into TechStars 2012 startup accelerator in Boulder, Colorado. |
August 2012 | At the end of the TechStars accelerator program, DigitalOcean had signed up 400 customers and launched around 10,000 cloud server instances. |
January 2012 | DigitalOcean launched its beta product. |
This contents of the box above is based on material from the Wikipedia article DigitalOcean, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.