DigitalOcean Obtains $37,200,000 Series A Round

  • Feed Type
  • Date
    3/6/2014
  • Company Name
    DigitalOcean
  • Mailing Address
    270 Lafayette St. New York, NY 10012
  • Company Description
    DigitalOcean isn’t planning to get into the game of cutting prices on its services the way Amazon does. But he said those price cuts can be “somewhat irrelevant,” as they apply to services that few AWS users pay for.
  • Website
    http://www.digitalocean.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $37,200,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Securing this capital is very important to make sure that we stay ahead of our customers’ demand. With today’s funding, the company will hire more people to face great scalability challenges.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    IA Ventures
  • Venture Investor
    CrunchFund

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