<s>
DigitalOcean	B-Application
Holdings	O
,	O
Inc	O
.	O
is	O
an	O
American	O
multinational	O
technology	O
company	O
and	O
cloud	B-Architecture
service	I-Architecture
provider	I-Architecture
.	O
</s>
<s>
The	O
company	O
is	O
headquartered	O
in	O
New	O
York	O
City	O
,	O
New	O
York	O
,	O
USA	O
,	O
with	O
15	O
globally	O
distributed	O
data	B-Operating_System
centers	I-Operating_System
worldwide	O
.	O
</s>
<s>
DigitalOcean	B-Application
provides	O
developers	O
,	O
startups	O
,	O
and	O
SMBs	O
with	O
cloud	B-Architecture
infrastructure-as-a-service	O
platforms	O
.	O
</s>
<s>
DigitalOcean	B-Application
also	O
runs	O
Hacktoberfest	B-Application
,	O
a	O
one-month-long	O
celebration	O
of	O
open	B-License
source	I-License
software	O
held	O
in	O
October	O
.	O
</s>
<s>
Each	O
year	O
,	O
it	O
partners	O
with	O
different	O
software	O
companies	O
,	O
including	O
GitHub	B-Application
,	O
Twilio	B-General_Concept
,	O
Dev.to,	O
Intel	O
,	O
AppWrite	O
,	O
and	O
DeepSource	O
.	O
</s>
<s>
DigitalOcean	B-Application
accepted	O
the	O
offer	O
of	O
TechStars	O
2012	O
's	O
startup	O
accelerator	O
in	O
Boulder	O
,	O
Colorado	O
,	O
and	O
the	O
founders	O
moved	O
to	O
Boulder	O
to	O
work	O
on	O
the	O
product	O
.	O
</s>
<s>
At	O
the	O
end	O
of	O
the	O
accelerator	O
program	O
in	O
August	O
2012	O
,	O
the	O
company	O
had	O
signed	O
up	O
400	O
customers	O
and	O
launched	O
around	O
10,000	O
cloud	B-General_Concept
server	I-General_Concept
instances	O
.	O
</s>
<s>
In	O
May	O
2018	O
,	O
the	O
company	O
announced	O
the	O
launch	O
of	O
its	O
Kubernetes-based	O
container	O
service	O
.	O
</s>
<s>
In	O
June	O
2018	O
,	O
Mark	O
Templeton	O
,	O
former	O
CEO	O
of	O
Citrix	B-Application
,	O
replaced	O
co-founder	O
Ben	O
Uretsky	O
as	O
the	O
company	O
's	O
CEO	O
.	O
</s>
<s>
In	O
July	O
2019	O
,	O
Yancey	O
Spruill	O
,	O
former	O
CFO	O
and	O
COO	O
of	O
SendGrid	B-Application
(	O
a	O
fellow	O
Techstars	O
company	O
)	O
,	O
replaced	O
Templeton	O
as	O
CEO	O
.	O
</s>
<s>
In	O
September	O
2021	O
,	O
DigitalOcean	B-Application
announced	O
plans	O
to	O
acquire	O
Nimbella	O
,	O
a	O
serverless	O
startup	O
.	O
</s>
<s>
In	O
May	O
2022	O
,	O
the	O
company	O
released	O
DigitalOcean	B-Application
Functions	O
.	O
</s>
<s>
Based	O
on	O
technology	O
acquired	O
from	O
Nimbella	O
and	O
the	O
open	B-License
source	I-License
Apache	O
OpenWhisk	O
project	O
,	O
DigitalOcean	B-Application
Functions	O
is	O
a	O
serverless	O
platform	O
that	O
allows	O
developers	O
to	O
build	O
and	O
run	O
applications	O
without	O
having	O
to	O
manage	O
servers	O
.	O
</s>
<s>
In	O
August	O
2022	O
,	O
DigitalOcean	B-Application
acquired	O
Cloudways	O
,	O
a	O
Pakistani	O
cloud	B-Architecture
hosting	I-Architecture
service	O
provider	O
,	O
for	O
$350	O
million	O
in	O
an	O
all-cash	O
deal	O
.	O
</s>
<s>
On	O
January	O
15	O
,	O
2013	O
,	O
DigitalOcean	B-Application
became	O
one	O
of	O
the	O
first	O
cloud-hosting	O
companies	O
to	O
offer	O
SSD-based	O
virtual	O
machines	O
.	O
</s>
<s>
Following	O
a	O
TechCrunch	O
review	O
,	O
which	O
was	O
syndicated	O
by	O
Hacker	B-Application
News	I-Application
,	O
DigitalOcean	B-Application
saw	O
a	O
rapid	O
increase	O
in	O
customers	O
.	O
</s>
<s>
In	O
December	O
2013	O
,	O
DigitalOcean	B-Application
opened	O
its	O
first	O
European	O
data	B-Operating_System
center	I-Operating_System
,	O
located	O
in	O
Amsterdam	O
.	O
</s>
<s>
During	O
2014	O
,	O
the	O
company	O
continued	O
its	O
expansion	O
,	O
opening	O
new	O
data	B-Operating_System
centers	I-Operating_System
in	O
Singapore	O
and	O
London	O
.	O
</s>
<s>
During	O
2015	O
DigitalOcean	B-Application
expanded	O
further	O
with	O
a	O
data	B-Operating_System
center	I-Operating_System
in	O
Toronto	O
,	O
Canada	O
.	O
</s>
<s>
In	O
December	O
2014	O
,	O
DigitalOcean	B-Application
raised	O
US$50	O
million	O
in	O
debt	O
financing	O
from	O
Fortress	O
Investment	O
Group	O
in	O
the	O
form	O
of	O
a	O
five-year	O
term	O
loan	O
.	O
</s>
<s>
In	O
April	O
2016	O
,	O
the	O
company	O
secured	O
US$130	O
million	O
in	O
credit	O
financing	O
to	O
build	O
out	O
new	O
cloud	B-Architecture
services	I-Architecture
.	O
</s>
<s>
On	O
March	O
24	O
,	O
2021	O
,	O
DigitalOcean	B-Application
became	O
a	O
publicly	O
traded	O
company	O
on	O
the	O
New	O
York	O
Stock	O
Exchange	O
,	O
with	O
their	O
initial	O
public	O
offering	O
price	O
at	O
$47	O
per	O
share	O
.	O
</s>
<s>
DigitalOcean	B-Application
had	O
been	O
blocked	O
in	O
Iran	O
as	O
a	O
result	O
of	O
an	O
attempt	O
to	O
cut	O
off	O
the	O
use	O
of	O
the	O
Lantern	B-Language
internet	B-Application
censorship	I-Application
circumvention	I-Application
tool	I-Application
.	O
</s>
<s>
That	O
led	O
to	O
a	O
temporary	O
block	O
in	O
April	O
2018	O
of	O
Google	O
,	O
Amazon	O
,	O
Azure	O
,	O
and	O
DigitalOcean	B-Application
,	O
among	O
others	O
,	O
in	O
Russia	O
by	O
Roskomnadzor	O
as	O
a	O
hosting	O
provider	O
for	O
Telegram	B-Application
Messenger	I-Application
and	O
VPS	B-General_Concept
services	O
.	O
</s>
<s>
DigitalOcean	B-Application
offers	O
virtual	B-General_Concept
private	I-General_Concept
servers	I-General_Concept
(	O
VPS	B-General_Concept
)	O
,	O
or	O
"	O
droplets	B-General_Concept
"	O
using	O
DigitalOcean	B-Application
terminology	O
,	O
using	O
KVM	B-Application
as	O
the	O
hypervisor	O
and	O
can	O
be	O
created	O
in	O
various	O
sizes	O
(	O
divided	O
in	O
2	O
classes	O
:	O
standard	O
,	O
and	O
optimized	O
)	O
,	O
in	O
13	O
different	O
data	B-Operating_System
center	I-Operating_System
regions	O
(	O
as	O
of	O
December	O
2020	O
)	O
and	O
with	O
various	O
options	O
out	O
of	O
the	O
box	O
,	O
including	O
six	O
Linux	B-Application
distributions	I-Application
and	O
dozens	O
of	O
one-click	O
applications	O
.	O
</s>
<s>
In	O
early	O
2017	O
,	O
DigitalOcean	B-Application
expanded	O
their	O
feature	O
set	O
by	O
adding	O
load	O
balancers	O
to	O
their	O
offering	O
.	O
</s>
<s>
Their	O
platform	O
is	O
an	O
alternative	O
cloud	B-Architecture
offering	O
and	O
the	O
company	O
targets	O
smaller	O
developers	O
,	O
allowing	O
them	O
to	O
spend	O
as	O
little	O
as	O
five	O
dollars	O
on	O
their	O
platform	O
.	O
</s>
<s>
DigitalOcean	B-Application
can	O
be	O
managed	O
through	O
a	O
web	O
interface	O
or	O
using	O
command	O
line	O
.	O
</s>
<s>
DigitalOcean	B-Application
also	O
offers	O
block	O
and	O
object-based	B-Application
storage	I-Application
and	O
since	O
May	O
2018	O
Kubernetes-based	O
container	O
service	O
.	O
</s>
<s>
Reviewers	O
have	O
noted	O
that	O
DigitalOcean	B-Application
requires	O
users	O
to	O
have	O
some	O
experience	O
in	O
sysadmin	B-Application
and	O
DevOps	O
.	O
</s>
<s>
In	O
his	O
review	O
for	O
ScienceBlogs	O
,	O
writer	O
Greg	O
Laden	O
warned	O
:	O
"	O
DigitalOcean	B-Application
is	O
not	O
for	O
everybody	O
.	O
</s>
<s>
In	O
2021	O
,	O
DigitalOcean	B-Application
launched	O
a	O
managed	O
MongoDB	B-Application
database	O
service	O
.	O
</s>
<s>
As	O
of	O
2021	O
,	O
DigitalOcean	B-Application
is	O
hosting	O
publicly	O
available	O
community	O
forums	B-Application
and	O
tutorials	O
on	O
open	B-License
source	I-License
and	O
system	B-Application
administration	I-Application
topics	O
.	O
</s>
<s>
In	O
2017	O
,	O
in	O
partnership	O
with	O
Stripe	B-Application
,	O
DigitalOcean	B-Application
sponsored	O
the	O
Libscore	O
tool	O
to	O
freely	O
provide	O
the	O
developer	O
community	O
with	O
open	O
access	O
to	O
analytics	O
on	O
web	O
development	O
tools	O
.	O
</s>
<s>
DigitalOcean	B-Application
Marketplace	O
provides	O
facilities	O
to	O
quickly	O
deploy	O
popular	O
software	O
bundles	O
.	O
</s>
<s>
Internally	O
it	O
's	O
run	O
by	O
DigitalOcean	B-Application
Kubernetes	B-General_Concept
,	O
OpenChannel	O
for	O
the	O
catalog	O
API	B-General_Concept
and	O
data	O
warehouse	O
and	O
Cloudflare	O
for	O
CDN	O
and	O
load-balancing	O
.	O
</s>
<s>
DigitalOcean	B-Application
was	O
widely	O
criticized	O
for	O
its	O
role	O
in	O
creating	O
a	O
perverse	O
incentive	O
when	O
it	O
promoted	O
Hacktoberfest	B-Application
2020	O
with	O
free	O
t-shirts	O
for	O
contributions	O
to	O
open	B-License
source	I-License
projects	O
,	O
resulting	O
in	O
massive	O
spurious	O
pull	O
requests	O
on	O
open	B-License
source	I-License
GitHub	B-Application
repositories	O
,	O
amounting	O
to	O
an	O
unintentional	O
"	O
corporate-sponsored	O
distributed	O
denial	O
of	O
service	O
attack	O
against	O
the	O
open	B-License
source	I-License
maintainer	O
community	O
"	O
.	O
</s>
<s>
DigitalOcean	B-Application
was	O
quick	O
to	O
respond	O
,	O
and	O
issued	O
updates	O
to	O
Hacktoberfest	B-Application
to	O
help	O
prevent	O
this	O
,	O
by	O
allowing	O
open	B-License
source	I-License
maintainers	O
to	O
specifically	O
opt	O
into	O
Hacktoberfest	B-Application
,	O
updating	O
the	O
Hacktoberfest	B-Application
process	O
to	O
allow	O
maintainers	O
to	O
mark	O
spammy	O
content	O
,	O
and	O
preventing	O
repositories	O
set	O
up	O
just	O
to	O
game	O
the	O
system	O
from	O
participating	O
.	O
</s>
