From its name, one can guess that this meetup is held in October every year. DigitalOcean powers it with the association of Github. Hacktoberfest is an event for the open-source community that runs almost a month long. Right now, the company is under the leadership of the former CEO of Citrix Mark Templeton, who took over from Ben Uretsky in April 2016. In April 2016, the company secured a whopping US$130 million in credit financing in order to build new cloud services.
#Digital ocean series
Since then, they have conducted Series A round of funding and Series B round of funding, both of which provided fruitful results. Their initial seed funding amounted to a total of US $3.2 million. It revenue in 2015 was $77 million as per business insider report. In 2015, alone they raised US $123.21 million in funding. At the beginning of 2013, It’s among the first few companies to offer SSD-based virtual machines for a seamless experience. You Might Also Like: 5 Best Iaas Providers In 2019īy the end of this startup accelerator program, the company was able to sign up nearly 400 customers and provided more than 10,000 instances of cloud servers. By the mid of 2012, they had a strong team in place and became a part of a startup accelerator program by none other than TechStars. They smoothly scaled themselves in a linear fashion.
#Digital ocean software
So after extensive research, Ben and Moisey Uretsky founded DigitalOcean a company that provides cloud hosting services and server provisioning for individual software developers and small scale startups making it easy for them to host website with one-click solutions. They were ambitious to fulfill that gap and create a profitable future for themselves.īut none among the competitors were targeting individual software developers and small scale companies as their potential customers. As, most companies were targeting corporate clients only, who required a cloud infrastructure to manage their servers on a larger scale. In 2003 Ben and Moisey Uretsky the founders of DigitalOcean, had already formed a company called Server Stack.Īfter surveying the cloud computing industry, they felt a void. It came into being on June 24th, 2011, however, its history of formation goes long back.
Their headquarter operates from New York City, and their data centers are prevalent in every corner of the world in order to provide seamless cloud services across the globe.
In January 2018, it achieved the title of being the third largest cloud hosting company in the world in terms of web-facing computers.ĭigitalOcean infrastructure is a leading cloud service provider based in the United States of America. It is a unique cloud hosting provider that offers cloud computing services to business entities so that they can scale themselves by deploying DigitalOcean applications that run parallel across multiple cloud servers without compromising on performance!
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