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Corporation
INTERNET | Internet Software & Services / Website hosting
digitalocean.com

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Founded Year

2012

Stage

IPO | IPO

Total Raised

$463.42M

Date of IPO

3/24/2021

Market Cap

4.48B

Stock Price

85.08

Revenue

$0000 

About DigitalOcean

DigitalOcean (NYSE: DOCN) is a cloud infrastructure provider that simplifies web infrastructure for software developers. The company is headquartered in New York City with data centers throughout the world.

DigitalOcean Headquarter Location

101 Avenue of the Americas 10th Floor

New York, New York, 10013,

United States

646-827-4366

Latest DigitalOcean News

Linode commits to NVMe storage infrastructure upgrade across its global datacentre portfolio

Sep 22, 2021

Alternative public cloud service provider Linode has commited to revamping the storage infrastructure across its 11 datacentres, which include sites in the US, UK and Germany Share this item with your network: By Published: 22 Sep 2021 13:00 Linode has committed to upgrading the storage infrastructure of its entire global datacentre estate over the coming quarter to bolster the performance and resiliency of its cloud infrastructure services. The US-based infrastructure-as-a-service (IaaS) provider positions itself as an alternative public cloud provider by claiming to offer customers an affordable and simpler to use set of services. This is part of a wider push by the company to democratise access to off-premise services and make them accessible to a much wider range of companies and users. The company operates 11 datacentres worldwide, including one in the UK and another in Germany, and has set out plans to upgrade the block storage infrastructure within all these sites by upgrading to a non-volatile memory express storage (NVMe) setup. The project will pave the way for Linode to deploy its first erasure-coded block storage cluster, which will provide it with a means of storing data using the open source storage software platform Ceph , This, in turn, will use an algorithm to splice the data into chunks for performance efficiency reasons. The upgrade process is already underway at the firm’s US-based datacentre in Atlanta, with the rest of its server farms set to be upgraded to NVMe during this quarter, with Linode claiming to be one of the first hyperscale providers to deploy the technology at scale. “We put a lot of effort into making our block storage platform more performant and efficient,” said Linode founder and CEO Chris Aker. “Making things faster is good. Making them faster, more resilient and more reliable is even better. And doing it in a way that doesn’t cost customers more is what developers have come to expect from us” Chris Aker, Linode “Using erasure-coded clusters, we’re able to extract 160% more usable storage out of the same raw disk capacity. It’s an incredible increase in storage efficiency done in a way that allows us to deliver high performance without creating a premium tier like most other providers would.” “Making things faster is good. Making them faster, more resilient and more reliable is even better. And doing it in a way that doesn’t cost customers more is what developers have come to expect from us,” added Aker. According to preliminary research from IaaS provider benchmarking firm, Cloud Spectator, Linode service plans that are equipped with the NVMe block storage capabilities outperform comparable offerings from the likes of DigitalOcean and premium offerings from Amazon Web Services (AWS) and Microsoft Azure. The upgraded storage services will be offered free of charge to all Linode customers, the company confirmed. Read more about datacentre investments Ramping up the use of virtualisation technologies within European datacentres could lead to a 55% reduction in carbon emissions by 2040, whereas if current deployment levels were to remain as they are, emissions would increase by more than 250% over the next 20 years. Brent Council is embarking on a £3.8m datacentre revamp which will include an urgent upgrade of its backup and disaster recovery setup to safeguard it against cyber attacks. Read more on Infrastructure-as-a-Service (IaaS) UK GDPR faces changes under planned reforms Hybrid IT: Making datacentre and cloud work better together in the enterprise

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Expert Collections containing DigitalOcean

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

DigitalOcean is included in 5 Expert Collections, including Sequoia's Microservices Ecosystem.

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DigitalOcean Patents

DigitalOcean has filed 1 patent.

The 3 most popular patent topics include:

  • Computer data storage
  • Computer storage devices
  • Data management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/20/2019

RAID, Computer data storage, Computer storage devices, Error detection and correction, Data management

Application

Application Date

9/20/2019

Grant Date

Title

Related Topics

RAID, Computer data storage, Computer storage devices, Error detection and correction, Data management

Status

Application

DigitalOcean Web Traffic

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