Tag: digitalocean
DigitalOcean’s IPO filing shows a two-class cloud market
This morning DigitalOcean, a provider of cloud computing services to SMBs, filed to go public. The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol “DOCN.” DigitalOcean’s offering comes amidst a hot streak for tech IPOs, and valuations that are stretched by historical norms.…
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Vantage makes managing AWS easier
Vantage, a new service that makes managing AWS resources and their associated spend easier, is coming out of stealth today. The service offers its users an alternative to the complex AWS console with support for most of the standard AWS services, including EC2 instances, S3 buckets, VPCs, ECS and Fargate…
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As COVID-19 pummels global economy, 8 new companies join the $100M ARR club
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re adding a number of companies to the $100 million ARR club, a collection of private companies that have reached material scale. Over time, this series has gone…
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DigitalOcean raises $100M in debt as it scales toward revenue of $300M, profitability
DigitalOcean, a cloud infrastructure provider targeting smaller business and younger companies, announced today that it has secured $100 million in new debt from a group of investors, bringing its 2016-era debt raise to a total of around $300 million. The company’s nearly $200 million debt raise in 2016 was preceded…
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