DigitalOcean has closed $37.2 million in Series A funding. Andreessen Horowitz led the round. The capital will be used to hire new engineers, to build new datacenter locations and build out product features. Headquartered in New York City, DigitalOcean is a cloud server provider aiming at developers.
Founded in the summer of 2011, DigitalOcean intended to make developers’ lives easier. The company thought that the other players in the space had made Infrastructure-as-a-Service (IaaS) cloud hosting too complicated. With three engineers DigitalOcean built the first version of its cloud server platform focused on user experience and simplicity.
The Series A Funding will now allow DigitalOcan to actively hire talented engineers dedicated to scaling its cloud server platform. The company is determined to evolve from the ideal platform for developers at the testing stage of their applications, to becoming one of the most popular cloud server providers on the planet as they continue to scale.
“DigitalOcean’s growth has been explosive over the last 12 months,” said Ben Uretsky, CEO and cofounder at DigitalOcean. “This funding will allow us to attract top engineering talent, build new datacenter locations, and continue our relentless focus on simplicity.”