DigitalOcean
DigitalOcean (NYSE: DOCN) is a publicly traded IaaS & Developer Cloud company founded in 2011 and based in Broomfield, United States.
Founded in 2011, DigitalOcean built its reputation on radically simpler, lower-priced cloud infrastructure aimed at individual developers, startups, and small-to-midsize businesses rather than the enterprise complexity of the hyperscalers. Its core products are 'Droplet' virtual machines plus managed databases, Kubernetes, App Platform, and object storage across globally distributed data centers. DigitalOcean acquired GPU cloud provider Paperspace in 2023 to push into AI and ML workloads, and trades on the NYSE under the ticker DOCN. In Q1 2026 it reported revenue of $257.9 million, up 22% year-over-year, with AI annual recurring revenue of $170 million growing 221%, and guided to roughly $1.14 billion in revenue for the full year.
The reference point for simple, predictably-priced developer cloud, now extending into AI compute via Paperspace GPUs.
digitalocean.com ↗·IaaS & Developer Cloud·
United States·public · NYSE: DOCN 
