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Company Profiles: Revenue, Growth, Competition

DIGITALOCEAN Revenue, Growth & Competitor Profile

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Company Awards

VC / Private Equity
Venture Capital / Private Equity
Fast Growing
Fastest Growing
Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Digitalocean

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Digitalocean Fast Facts

Revenue$100 - $500 million    See Exact Annual Revenue
Employees500 - 1,000Exact Company Size
Primary Industry51821 Data Centers & Hosting Services
Additional NAICS Codes541512 Computer Systems Design Services
Address101 Avenue Of The Americas Fl 10
New York, NY 10013

digitalocean.com
Note: Revenues for privately held companies are statistical evaluations.


Digitalocean's annual revenues are $100-$500 million (see exact revenue data) and has 500-1,000 employees. It is classified as operating in the Data Centers & Hosting Services industry.


Digitalocean's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Digitalocean Annual Revenue and Growth Rate

Digitalocean Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Digitalocean's revenues are gauged from an analysis of company filings.



Investor Activity

Digitalocean has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date Investors Percent Raised Target Size
September 13, 2021 12 100%$35 MM
Complete list of funding rounds and total amounts in the Company Report




Digitalocean's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Digitalocean Revenue (Sales) Digitalocean Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Digitalocean is developing and marketing. Digitalocean doesn't have any recent trademark applications, indicating Digitalocean is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
CLOUDWAYS
Recorded and downloadable computer application software for mobile phones, tablets, handheld computers and computers, namely, software for use in electronic storage of data; Recorded and downloadable computer programs for connecting remotely to computers or computer networks; downloadable software for the management of storage and network resources; Recorded and downloadable cloud-computing software for deploying virtual machines to a cloud computing platform; downloadable cloud computing software for managing virtual machines on a cloud computing platform; downloadable network access cloud server operating software
01/05/2021
NANOBOX
Downloadable computer software development tools; Recorded computer software development tools; Downloadable computer software for administration of computer networks; Downloadable computer software for application and database integration; Downloadable computer software to automate data warehousing; Downloadable network access server operating software; Downloadable web site development software
05/01/2019
DIGITALOCEAN 1-CLICK APPS
Platform as a service (PAAS) featuring computer software platforms for launching and scaling applications; hosting of solid state device cloud servers for launching and scaling applications; providing temporary use of online non-downloadable cloud computing software for electronic and online storage of data, files and other digital content
02/13/2019

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Digitalocean grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Digitalocean is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Data Centers & Hosting Services

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Digitalocean's Largest Competitors

A competitive analysis shows these companies are in the same general field as Digitalocean, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
UBER TECHNOLOGIESSan Francisco, CA100 
CONDUENT BUSINESS SERVICESFlorham Park, NJ34 
AUTOMATIC DATA PROCESSINGRoseland, NJ32 
SOCIOS BUENOSAtlanta, GA14 
BROADRIDGE FINANCIAL SOLUTIONSNew Hyde Park, NY12 
STRATEGIC LIMITED PARTNERSGrapevine, TX11 
EXPERIAN INFORMATION SOLUTIONSCosta Mesa, CA8 
HUBSPOTCambridge, MA6 
SNOWFLAKEBozeman, MT6 




Nearby Competitors

These companies are similar in business line and location to Digitalocean. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
MONGODBNew York, NY100 
DIGITALOCEANNew York, NY27 
SPRINKLRNew York, NY25 
GROUP NINE MEDIANew York, NY22 
COMPLYNew York, NY11 
BITLYNew York, NY11 




Future Competition: Digitalocean's Fastest Growing Competitors

These companies are in the same general field as Digitalocean and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Digitalocean Competitors