DigitalOcean Obtains $3,200,000 Seed Financing

  • Feed Type
  • Date
    8/8/2013
  • 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
    $3,200,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    Improvements are crucial in the New York-based company’s quest to thrive inside a crowded market, which is why the new money will be useful.
  • M&A Terms
  • Venture Investor
    IA Ventures
  • Venture Investor
    Undisclosed