About the company
DigitalOcean software is used by companies like Slack, GitLab, HashiCorp and over 600,000 customers in 185 countries.
DigitalOcean is growing at an impressive 37% at $490 million in ARR. The company plans to hit $1 billion in revenue by 2024, with a long-term target of sustaining growth of over 30%.
On March 23rd, DigitalOcean has debuted on NYSE with the DOCN ticker. Investors valued the company at $5 billion on the IPO date, while the company was able to raise $775 million for further development.
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