DigitalOcean Holdings, Inc. (DOCN)

31.91 -1.11 (-3.38%) As of 10:53AM EDT. Market open.

DigitalOcean Holdings, Inc.

101 6th Avenue
New York, NY 10013
United States
646 827 4366
https://www.digitalocean.com

Sector(s): Technology
Industry: Software - Infrastructure
Full-time employees: 1,156

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Warren J. Adelman	Executive Chairman	1.95M	N/A	1964
Mr. Rob Bradley IRC	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Alan Shapiro	General Counsel & Secretary	664.54k	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company's platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC). The company also provides platform-as-a-service (PaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as software-as-a-service (SaaS), including managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. In addition, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU virtual machines for scaling AI applications; Notebooks, a simple cloud workspace that runs on GPUs that provides a managed interactive development environment for exploring data, and training and building machine learning models; and Deployments for deploying their machine learning model as an API endpoint. The company's customers include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and AI/ML applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Corporate governance

DigitalOcean Holdings, Inc.’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 10; Board: 9; Shareholder rights: 8; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.