DigitalOcean Obtains $37,200,000 Series A Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4037c4b0-509a-4400-a10d-719b9dcc1354 - Date
3/6/2014 - Company Name
DigitalOcean - Mailing Address
270 Lafayette St. New York, NY 10012 - Company Description
DigitalOcean isn’t planning to get into the game of cutting prices on its services the way Amazon does. But he said those price cuts can be “somewhat irrelevant,” as they apply to services that few AWS users pay for. - Website
http://www.digitalocean.com - Transaction Type
Venture Equity - Transaction Amount
$37,200,000 - Transaction Round
Series A - Proceeds Purposes
Securing this capital is very important to make sure that we stay ahead of our customers’ demand. With today’s funding, the company will hire more people to face great scalability challenges. - M&A Terms
- Venture Investor
Andreessen Horowitz - Venture Investor
IA Ventures - Venture Investor
CrunchFund
