Cloud hosting
DigitalOcean provides cloud servers, storage, networking, managed databases, and developer tools that help customers run websites and applications on the internet.
Customers and revenue model
D
DigitalOcean Holdings Inc
F:0SU
DigitalOcean Holdings Inc
F:0SU
Price:
74.56
EUR
7.59%
Market Cap:
€6.8B
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Company Overview
Business Description
- Sector
- Information Technology
- Industry
- Technology
- Headquarters
- United States of America US
- Employees
- 1 462
- IPO date
- Mar 24, 2021
DigitalOcean is a cloud infrastructure company that helps developers and small businesses build and run software on the internet. It sells simple cloud servers, storage, networking tools, managed databases, and related services that customers use to host websites, apps, and data without building their own data centers.
Its main customers are software developers, startups, and small to mid-sized businesses that want cloud tools that are easier to set up and manage than the large enterprise clouds. DigitalOcean makes money by charging customers for the computing and storage they use, plus fees for higher-level services such as managed databases, application hosting, and support.
What makes DigitalOcean different is its focus on simplicity and a narrower customer base. Instead of trying to be the biggest all-purpose cloud provider, it packages core cloud services in a way that is more approachable for smaller teams, making it a practical choice for customers that want fast setup and predictable usage-based pricing.
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