Cloud computing is revolutionizing how companies across the globe develop and deploy applications. The cloud offers lower upfront cost and superior flexibility and scalability when compared to on-premise software development environments. These benefits are especially valuable for start-ups and small and medium-sized businesses, as they typically have more limited financial resources, operational expertise, and IT personnel.

DigitalOcean’s mission is to simplify cloud computing so that developers and businesses can spend more time building software that changes the world. With its leading cloud computing platform providing critical on-demand infrastructure, tools, and fully managed offerings, the company helps developers, start-ups and SMBs rapidly build, deploy and scale applications to accelerate innovation and increase productivity and agility. Combining this simplicity, with a vast open-source community and support, customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth.

Serving over 600k individual and business customers, DigitalOcean users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Users are spread across numerous industry verticals and for a wide range of applications, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others.

Taking advantage of the strong secular adoption in Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) markets, DigitalOcean expects its massive addressable opportunity to continue to grow rapidly. Particularly as it focuses on further expanding both its existing customer usage and new customer bases with investment in innovative product offerings, augmenting its platform with strategic acquisitions, whilst also continuing to grow and engage its dedicated 140k-strong community.