DigitalOcean

DigitalOcean

Operates a cloud hosting platform. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues318m429m576m693m774m875m993m
% growth25 %35 %34 %20 %12 %13 %13 %
EBITDA46.8m77.4m86.6m174m297m339m401m
% EBITDA margin15 %18 %15 %25 %38 %39 %40 %
Profit(43.6m)(19.5m)(24.3m)19.4m60.0m76.9m133m
% profit margin(14 %)(5 %)(4 %)3 %8 %9 %13 %
EV / revenue-19.9x5.3x6.1x5.8x5.0x4.2x
EV / EBITDA-110.1x35.3x24.2x15.0x12.9x10.4x
R&D budget75.0m116m144m140m---
R&D % of revenue24 %27 %25 %20 %---
  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Seed

$3.2m

Seed

$2.0m

Debt

$37.0m

Series A

$50.0m

Debt

$83.0m

Series B

$130m

Debt

N/A

Secondary

N/A

Late VC

N/A

Late VC

N/A

Secondary
N/A

N/A

-
*
N/A

$100m

Debt

$50.0m

Valuation: $1.2b

4.5x EV/LTM Revenues

35.0x EV/LTM EBITDA

Series C
N/A

N/A

-
N/A

$775m

Valuation: $4.5b

14.1x EV/LTM Revenues

96.2x EV/LTM EBITDA

IPO
Total Funding€157m

Recent News about DigitalOcean

Edit
More about DigitalOceaninfo icon
Edit

DigitalOcean simplifies cloud computing so developers and businesses can spend more time building software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers, startups and small and medium-sized businesses (SMBs) rapidly build, deploy and scale applications to accelerate innovation and increase productivity and agility. DigitalOcean combines the power of simplicity, community, open source, and customer support, so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by DigitalOcean

Edit
Cloudways
ACQUISITION by DigitalOcean Aug 2022
Paperspace
ACQUISITION by DigitalOcean Jul 2023
Nimbella
ACQUISITION by DigitalOcean Sep 2021
Snapshooter
ACQUISITION by DigitalOcean Jan 2023