What is DigitalOcean?
Cloud infrastructure, managed services, and AI cloud for developers and SMBs.
- Category
- Developer cloud infrastructure
- Headquarters
- Broomfield, CO
- Founded
- 2012
- Employees
- 1,200+ reported
- Total funding
- Public company; about $490M pre-IPO capital reported
- Status
- Public (NYSE: DOCN); $1.032B ARR in Q1 2026
What is DigitalOcean?
DigitalOcean is a developer cloud infrastructure company. DigitalOcean reported Q1 2026 revenue of $258 million, ARR of $1.032 billion, and AI Customer ARR of $170 million.
DigitalOcean offers cloud compute, Kubernetes, managed databases, object storage, app hosting, GPUs, inference infrastructure, and developer tools for startups and SMBs. Its public product surface includes Droplets virtual machines, Kubernetes, Managed databases, Spaces object storage, App Platform, and related services for developers, startups, SMBs, agencies, and AI builders.
DigitalOcean reported Q1 2026 revenue of $258 million, ARR of $1.032 billion, and AI Customer ARR of $170 million. As of June 2026, the safest read is a public developer-cloud provider leaning into AI infrastructure and larger customer expansion. Revenue, usage, and customer numbers are described only where the company or public filings disclose them; otherwise this profile uses public scale signals rather than invented private figures.
What does DigitalOcean offer?
DigitalOcean offers Droplets virtual machines, Kubernetes, Managed databases, Spaces object storage and adjacent workflow products.
- Droplets virtual machines· Compute
- Kubernetes· Containers
- Managed databases· Data
- Spaces object storage· Storage
- App Platform· PaaS
- Paperspace GPUs· AI infrastructure
- Cloudways hosting· Managed hosting
- Inference cloud· AI
How does DigitalOcean make money?
DigitalOcean makes money through usage-based and subscription-like cloud infrastructure consumption.
DigitalOcean makes money through usage-based and subscription-like cloud infrastructure consumption. Public pricing signal: Droplets start as low as $4/month; Kubernetes, managed databases, backups, storage, bandwidth, GPUs, and support add usage-based or plan-based charges. The important commercial driver is cloud usage growth, AI GPU/inference demand, larger customer ARR, managed services attach, and retention among SMB builders.
DigitalOcean's unit economics depend on infrastructure utilization, data-center and GPU capacity cost, bandwidth, support, gross margin, customer acquisition, and net dollar retention. For sellers, this means the strongest pitch ties to measurable savings, growth, compliance, reliability, or revenue enablement rather than generic productivity claims.
Who leads DigitalOcean?
DigitalOcean is led by Paddy Srinivasan, with a leadership team spanning cloud product, infrastructure, AI, finance, sales, and developer community.
- Paddy SrinivasanCEOCEO since 2023Leads DigitalOcean through AI and larger-customer expansion.
- Matt SteinfortCFOExecutive leaderPublic-company finance and capital allocation owner.
- Bratin SahaChief Product and Technology OfficerExecutive leaderLeads product and technology strategy.
- Moisey UretskyCo-founderCo-founderOne of the original founders of DigitalOcean.
How do you contact DigitalOcean's leadership?
DigitalOcean does not publish verified personal executive email addresses in its official materials. Use the public contact path below, or a verified relationship-based introduction, rather than presenting guessed personal addresses as verified.
Contact/IR forms; personal executive format not verified- Bratin SahaChief Product and Technology OfficerInvestor/contact forms at https://investors.digitalocean.com/
How much funding has DigitalOcean raised?
DigitalOcean's capital history is Public company; about $490M pre-IPO capital reported; latest status: Public (NYSE: DOCN); $1.032B ARR in Q1 2026.
2013: Seed/early venture capital (Early cloud infrastructure funding.) Mar 2014: Series A - $37.2M (Andreessen Horowitz led a major early round.) Jul 2015: Series B - $83M (Access Industries led with existing investor participation.) 2019: Growth financing - $50M equity plus debt history (Capital supported growth before IPO.) Mar 2021: IPO - priced at $47/share (DigitalOcean became public on NYSE under DOCN.) 2026: Public operating scale (Q1 2026 ARR reached $1.032B.)
DigitalOcean should be read as a public operating company; market capitalization and filings matter more than old private round totals. This profile treats undisclosed valuations, undisclosed round sizes, and public-company market values conservatively, using only public figures or clearly labeled capital-history views.
How did DigitalOcean get here?
DigitalOcean's path runs from founding through product expansion, major financing, and its current public (nyse: docn); $1.032b arr in q1 2026 status.
- 2012FoundedDeveloper cloud company starts with Droplets.
- 2014Series Aa16z leads $37.2M round.
- 2015Series BDigitalOcean raises $83M.
- 2021IPOLists on NYSE as DOCN.
- 2023Paperspace acquisitionExpands into AI/GPU cloud.
- Q1 2026$1.032B ARRCompany reports ARR above $1B.
Who are DigitalOcean's competitors?
DigitalOcean competes with category incumbents and newer specialists that attack the same buyer budget from different product angles.
DigitalOcean — frequently asked questions
