After hiring former Citrix CEO Mark Templeton three months ago to lead its global cloud business aimed at developers and their teams, DigitalOcean has added Mike Cristinziano to its executive team as senior vice president of strategy and corporate development. Mr. Cristinziano’s focus will be on scaling the company through strategic partnerships, industry alliances and other inorganic growth opportunities.
Prior to DigitalOcean, Mike Cristinziano was the corporate vice president of strategic development at Citrix. During his 14 years at the company, he was responsible for mergers and acquisitions, venture capital investments and investor relations, among other strategic growth initiatives. Under his leadership, Citrix allocated more than $3 billion toward 50+ acquisitions and grew revenue from approximately $500 million to $3.4 billion.
“The opportunity ahead of DigitalOcean is enormous, with growth in the public cloud showing no signs of slowing and the market demanding alternatives to complicated and proprietary cloud infrastructure services,” said Mike Cristinziano. “I couldn’t ask for a more exciting challenge to work on, and I look forward to forging stronger partnerships for the company as we chart our path forward.”
$200M Run Rate, 450 Employees
Cristinziano’s technical foundation, combined with solid business and financial acumen, has enabled him to identify future growth opportunities for the companies he has worked for and advised, according to an official DigitalOcean statement. His affinity for dealmaking would have led to merger, acquisition and financing transactions totaling over $7 billion in cumulative deal value.
“Over the past six years, DigitalOcean has experienced tremendous organic growth driven by our singular focus on making developers’ lives easier,” said Mark Templeton, the recently hired new CEO of DigitalOcean. “Today, we are proud to have more than 450 employees and a strong community of 3.5 million developers. As we look ahead, we want the leadership to capitalize even further on the more than $150 billion public cloud services market. I am thrilled to add Mike’s exceptional value and insight to our executive team.”
Mike Cristinziano holds bachelor’s and master’s degrees, both in engineering, from Temple University and University of Pennsylvania respectively.
DigitalOcean is now approaching $200 million in run rate and has a community of 3.5 million developers with 12 data centers across the globe. In addition to its headquarters in New York, DigitalOcean has an office in Cambridge, Massachusetts and remote employees around the world.