# DigitalOcean

> DigitalOcean is a cloud computing platform designed for developers, startups, and SMBs, offering simple, predictable pricing and powerful infrastructure from virtual machines to high-performance GPU instances. Known for its community-first approach and Hacktoberfest, it has grown into a $9.4B public company competing with hyperscalers by focusing on usability and AI democratization.

- **Founded:** 2012
- **Headquarters:** Broomfield, Colorado
- **Founders:** Ben Uretsky (Co-Founder & original CEO), Moisey Uretsky (Co-Founder), Mitch Wainer (Co-Founder & CMO), Jeff Carr (Co-Founder & Chief Architect), Alec Hartman (Co-Founder)
- **Team size:** ~1,462
- **Products:** Droplets, App Platform, Managed Kubernetes, GPU Droplets, GenAI Platform
- **Notable:** Reached $1B annualized revenue in December 2025., Generated over 2.4 million pull requests through 12 years of Hacktoberfest., Acquired Cloudways (2022) and Paperspace (2023) to expand managed hosting and AI capabilities.

## Products & services

- **Droplets** — SSD-backed virtual machines (VMs) deployable in under 60 seconds. The core compute product starting at $4/month.
- **App Platform** — Platform as a Service (PaaS) allowing developers to push code to production without managing infrastructure.
- **Managed Kubernetes** — Fully managed Kubernetes service (DOKS) with a free control plane and easy scaling.
- **GPU Droplets** — On-demand access to NVIDIA H100, H200, and AMD Instinct GPUs for AI and ML workloads.
- **GenAI Platform** — Gradient platform for building AI agents with serverless inference and access to models from OpenAI, Anthropic, and Meta.
- **Managed Databases** — Fully managed solutions for Postgres, MySQL, Redis, MongoDB, and Kafka.
- **Spaces** — S3-compatible object storage integrated with a CDN.
- **Cloudways** — Managed cloud hosting platform for WordPress and PHP, acquired in 2022.

## Achievements

- Reached $1B annualized revenue in December 2025.
- Generated over 2.4 million pull requests through 12 years of Hacktoberfest.
- Acquired Cloudways (2022) and Paperspace (2023) to expand managed hosting and AI capabilities.
- Launched first SSD-only cloud virtual machines in 2013.

## Latest updates

- **Dec 2025** — Hit $1B annualized monthly revenue run rate.
- **Mar 2026** — Upsized $800M stock offering to fund AI and infrastructure growth.
- **Q1 2025** — AI ARR grew 160%+ year-over-year.

## Links

- Website: https://www.digitalocean.com
- LinkedIn: https://www.linkedin.com/company/digitalocean
- Twitter/X: https://twitter.com/digitalocean
- GitHub: https://github.com/digitalocean

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Profile page: https://yespress.io/digital-ocean
Published by YesPress — https://yespress.io
Last updated: 2026-04-06