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DOCN

28.23000 USD
1.32
4.47%
Last update Jul 11, 3:59 PM EDT
Market closed
Day range
28.13700
29.43500
Previous close
29.55000
Open
29.010000
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DigitalOcean Holdings Inc.
28.23
1.32
4.47%

Overview

Description

DigitalOcean Holdings Inc. is a cloud infrastructure provider aimed at simplifying cloud computing for small-to-medium-sized businesses as well as individual developers. The company's primary function is to deliver scalable and cost-effective cloud services, including computing, data storage, and networking, through an intuitive platform designed for ease of use. Notably, DigitalOcean focuses on the developer experience by offering streamlined setup processes and comprehensive documentation to aid the deployment and management of cloud applications. The company impacts sectors ranging from software development to e-commerce by enabling rapid application development and growth without the complexity that typically accompanies such infrastructure solutions. A defining feature of DigitalOcean's offerings is its Droplets, which are virtual machines that can be spun up quickly to handle various server-side applications. In the competitive cloud infrastructure market, DigitalOcean stands out for its commitment to serving a niche of developers who value simplicity, transparency, and community focus, thereby playing a vital role in empowering digital innovation and entrepreneurship.

About

CEO
Mr. Padmanabhan T. Srinivasan
Employees
1210
Address
101 6th Avenue
New York, 10013, NY
United States
Phone
646 827 4366
Instrument type
Common stock
Sector
Technology
Industry
Software - Infrastructure
Country
United States
MIC code
XNYS
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