DigitalOcean Announces $50 Million in New Funding from Existing Investors Access Industries and Andreessen Horowitz

May 14, 2020

DigitalOcean, the cloud for developing modern apps, today announced it has closed a $50 million Series C funding round led by Access Industries, with participation from Andreessen Horowitz (a16z).

“We are excited about this investment to support DigitalOcean as it enters its next phase of significant growth,” said Pueo Keffer, managing director at Access Industries. “We remain extremely impressed with the company and its management and believe that both are well positioned to transform the cloud space for developers and SMBs in the years ahead.”

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