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How did DigitalOcean perform in 2023?

2023 Revenue Increased 20% to $693 million Full Year Operating Cash Flow of $235 million NEW YORK-- (BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced results for its fourth quarter and fiscal year ended December 31, 2023.

Where is DigitalOcean based?

The company is headquartered in New York City, New York, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms. DigitalOcean also runs Hacktoberfest, a one-month-long celebration of open-source software held in October.

Will DigitalOcean build more data centers?

"DigitalOcean Raises $37.2M in New Funding to Build Cloud". eWeek. ^ Vanian, Jonathan (2014-12-09). "With a $50M line of credit, DigitalOcean will build more data centers". GigaOm. Archived from the original on 2018-08-26. Retrieved 2016-02-12. ^ Chernova, Yuliya (2014-12-09). "DigitalOcean Arms With $50 Million in Debt for Big Data-Center Battle".

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