Tech Company Financing Transactions
DigitalOcean Funding Round
On 4/15/2016, DigitalOcean secured $130 million in funding from KeyBanc Capital Markets, Barclays and HSBC.
Transaction Overview
Company Name
Announced On
4/15/2016
Transaction Type
Debt
Amount
$130,000,000
Round
Undisclosed
Investors
Proceeds Purpose
DigitalOcean announced Thursday that it has raised $130 million in a credit facility that the company plans to use in large part to expand its global infrastructure as it prepares a key new product launch in December.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
101 Ave. of the Americas
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Website
Email Address
Overview
Founded in 2012, and with offices in New York and Cambridge, MA, DigitalOcean provides the easiest cloud platform to deploy, manage, and scale applications of any size, removing infrastructure friction and providing predictability so developers and their teams can spend more time building better software. We offer simple services, transparent pricing, an elegant user interface.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yancey Spruill
Chief Financial Officer
William Sorenson
Chief Marketing Officer
Carly Brantz
Chief Technical Officer
Barry Cooks
Vice President
Rafael Mojica
VP - Engineering
AI Sene
VP - Finance
Adrienne Calderone
VP - General Counsel
Alan Shapiro
VP - Product Management
Apurva Joshi
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