DigitalOcean Raises $3.2 Million in Funding to Expand IaaS Solutions
Grazed from The Web Site Host. Author: Editorial Staff.
Infrastructure-as-a-service provider DigitalOcean announced on Wednesday it has raised a $3.2 million seed round led by IA Ventures, with participation from CrunchFund and TechStars. The move comes a few months after DigitalOcean suffered a data breach that impacted a “small percentage of customers”, and promptly rolled out a fix for those affected customers.
DigitalOcean nearly has 350,000 cloud servers to date, adding an average of 500 new subscribers a day. The company says it plans to use the proceeds from this funding round to hire more marketing and engineering employees, as well as build out its infrastructure…

