Articles from DigitalOcean Holdings, Inc.

DigitalOcean to Participate in UBS Global Technology and AI Conference
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital-native businesses, today announced that Chief Executive Officer Paddy Srinivasan will participate in a fireside chat at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024 at 12:35 p.m. (PT) / 3:35 p.m. (ET).
By DigitalOcean Holdings, Inc. · Via Business Wire · November 26, 2024
DigitalOcean Announces Availability of Bare Metal GPUs
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital-native businesses, today announced the availability of DigitalOcean Bare Metal GPUs, dedicated, single-tenant infrastructure purpose-built to tackle the most demanding AI/ML workloads, model training, and custom setups.
By DigitalOcean Holdings, Inc. · Via Business Wire · November 21, 2024
DigitalOcean Introduces Scalable Storage for Managed MongoDB Offering
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simple scalable cloud, today introduced scalable storage for DigitalOcean’s Managed MongoDB offering, giving users the ability to scale their cloud storage capacity independently of other compute requirements. This new functionality will provide customers with greater flexibility to adapt to growing data demands and fluctuating workloads, without the unnecessary expense of added compute capacity.
By DigitalOcean Holdings, Inc. · Via Business Wire · November 14, 2024
DigitalOcean Announces Third Quarter 2024 Financial Results
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud, today announced results for its third quarter ended September 30, 2024.
By DigitalOcean Holdings, Inc. · Via Business Wire · November 4, 2024
DigitalOcean Launches Strategic Partnership with Hugging Face
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud, today announced a strategic partnership with Hugging Face, the leading open-source and open science platform that helps users build, deploy and train machine learning (ML) models. The cornerstone of this new partnership will be the newly available 1-Click Models powered by Hugging Face HUGS (Hugging Face GenAI Services), allowing users to quickly and easily deploy the most popular third party models with the simplicity of DigitalOcean GPU Droplets, and optimal performance powered by NVIDIA H100, accelerated computing.
By DigitalOcean Holdings, Inc. · Via Business Wire · October 23, 2024
DigitalOcean Announces Date of Third Quarter 2024 Earnings Conference Call
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud, announced today that it will report financial results for the third quarter ended September 30, 2024 before the market opens on Monday, November 4, 2024.
By DigitalOcean Holdings, Inc. · Via Business Wire · October 8, 2024
DigitalOcean Simplifies AI Infrastructure Deployment with New Flexible GPU Droplets, Powered by NVIDIA H100
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud, today announced general availability of easy-to-deploy advanced AI infrastructure, available in a pay-as-you-go model through the new DigitalOcean GPU Droplets. With the new GPU Droplets, AI developers can simply and quickly run AI experiments, train large language models, and scale AI projects - all without complex configurations or large capital investments.
By DigitalOcean Holdings, Inc. · Via Business Wire · October 1, 2024
DigitalOcean Announces Enhanced Role-Based Access Control to Streamline Company and Security Operations
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced updates to its role-based access control (RBAC), a method for managing user access to systems and resources within an organization by assigning permissions to roles rather than to individual users. Today’s updates are highlighted by a new set of predefined roles that make it easier for DigitalOcean administrators to provide a customizable level of access to their individual users. With this feature release, customers can now easily access this new set of predefined roles in the DigitalOcean Cloud Console.
By DigitalOcean Holdings, Inc. · Via Business Wire · August 27, 2024
DigitalOcean Announces Second Quarter 2024 Financial Results
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced results for its second quarter ended June 30, 2024.
By DigitalOcean Holdings, Inc. · Via Business Wire · August 8, 2024
DigitalOcean Hires Larry D’Angelo as Chief Revenue Officer
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, is pleased to announce the appointment of Larry D’Angelo as its new Chief Revenue Officer, effective today. In this role, D’Angelo will drive DigitalOcean’s new business growth via direct sales and channel partnerships, customer success, customer support, and corporate communications.
By DigitalOcean Holdings, Inc. · Via Business Wire · July 22, 2024
DigitalOcean Announces Date of Second Quarter 2024 Earnings Conference Call
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results for the second quarter ended June 30, 2024 after the market closes on Thursday, August 8, 2024.
By DigitalOcean Holdings, Inc. · Via Business Wire · July 11, 2024
DigitalOcean Hires Wade Wegner as Chief Ecosystem and Growth Officer
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, announced today that Wade Wegner joined the company as Chief Ecosystem and Growth Officer. This unique and critical position bridges the gap between research and development and go-to-market strategy. In this executive role, Wegner will oversee Developer Relations, Marketing, Growth, and Partnerships.
By DigitalOcean Holdings, Inc. · Via Business Wire · July 8, 2024
DigitalOcean Appoints Bratin Saha as Chief Product and Technology Officer
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced Bratin Saha has joined the company as its Chief Product and Technology Officer (CPTO). In this new executive role, Saha will lead product strategy, development, infrastructure, and security with a focus on making DOCN the best cloud for developers and growing technology businesses.
By DigitalOcean Holdings, Inc. · Via Business Wire · June 17, 2024
DigitalOcean Invites Developers, Startups, and Founders to Attend its Next Deploy Virtual Conference
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced it will hold its next Deploy virtual conference on July 9, 2024, starting at 11 a.m. EST. This free event will bring together developers, startups, and founders, empowering businesses to build disruptive cloud applications and jumpstart the next wave of AI development.
By DigitalOcean Holdings, Inc. · Via Business Wire · May 29, 2024
DigitalOcean Announces First Quarter 2024 Financial Results
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced results for its first quarter ended March 31, 2024.
By DigitalOcean Holdings, Inc. · Via Business Wire · May 10, 2024
DigitalOcean Announces Date of First Quarter 2024 Earnings Conference Call
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results for the first quarter ended March 31, 2024 before the market opens on Friday, May 10, 2024.
By DigitalOcean Holdings, Inc. · Via Business Wire · April 10, 2024
DigitalOcean Announces Fourth Quarter and Fiscal Year 2023 Financial Results
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.
By DigitalOcean Holdings, Inc. · Via Business Wire · February 21, 2024
DigitalOcean Unveils Enhanced Data Backups to Strengthen Business Continuity
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced the next evolution of DigitalOcean Backups, an offering that protects users from data disruptions and supports business continuity through enhanced daily, system-level backups of DigitalOcean Droplets. Through these more frequent and faster backups, startups, independent software vendors (ISVs), and growing digital businesses can gain peace of mind and confidently build their data resiliency without the burden of complex solutions.
By DigitalOcean Holdings, Inc. · Via Business Wire · February 8, 2024
DigitalOcean’s Cloudways Launches Autonomous to Ensure High Availability for Growing Business Websites
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced the availability of Autonomous, Cloudways’ new managed WordPress hosting offering. Autonomous is designed to simplify and streamline the user experience and help businesses grappling with fluctuating website traffic save valuable time and resources.
By DigitalOcean Holdings, Inc. · Via Business Wire · January 23, 2024
DigitalOcean Announces Date of Fourth Quarter 2023 Earnings Conference Call
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2023 after the market closes on Wednesday, February 21, 2024.
By DigitalOcean Holdings, Inc. · Via Business Wire · January 22, 2024
DigitalOcean Announces Availability of NVIDIA H100 GPUs on Paperspace Platform, Expanding Access to AI Compute for Startups and Growing Digital Businesses
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced virtualized availability of NVIDIA H100 Tensor Core GPUs on its Paperspace platform. Paperspace, a leading provider of cloud infrastructure for highly scalable GPU-accelerated applications, now offers access to one of the market’s most powerful GPUs. This provides startups and growing digital businesses with state-of-the-art infrastructure crucial for developing the next generation of artificial intelligence/machine learning (AI/ML) applications. Through this offering and other recent enhancements, DigitalOcean continues to simplify cloud computing and provide an affordable, end-to-end solution for developing, deploying, and scaling AI models.
By DigitalOcean Holdings, Inc. · Via Business Wire · January 18, 2024
DigitalOcean Appoints Paddy Srinivasan as Chief Executive Officer
DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced that the Company's Board of Directors has appointed Paddy Srinivasan as the Company’s new Chief Executive Officer and as a member of its Board of Directors. Srinivasan will start on February 12, 2024, and will participate in the Company’s Q4 '23 Earnings call on February 21, 2024. With an impressive background in cloud technology and a successful track record of operational execution and delivering strong financial results, Srinivasan is set to steer DigitalOcean through its next phase of innovation and growth.
By DigitalOcean Holdings, Inc. · Via Business Wire · January 17, 2024
DigitalOcean Currents Report Finds That Adoption of AI/ML, and Investments in Cybersecurity and Multi-cloud Strategies Are On The Rise at Small Businesses
DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for small-to-medium businesses (SMBs) and startups, today announced the findings of its bi-annual Currents report, which found that 78% of organizations believe that their use of AI/ML will increase next year, 37% of organizations plan to increase their cybersecurity spending, and 35% are employing multi-cloud approaches, highlighting the diversification in cloud infrastructure.
By DigitalOcean Holdings, Inc. · Via Business Wire · November 9, 2023
DigitalOcean Announces Third Quarter 2023 Financial Results
DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its third quarter ended September 30, 2023.
By DigitalOcean Holdings, Inc. · Via Business Wire · November 2, 2023
DigitalOcean Introduces Cloud-Hosted Scalable Storage for Managed Databases
DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for startups and SMBs, today announced the launch of Scalable Storage for DigitalOcean PostgreSQL and MySQL Managed Databases, which enables small and medium-sized businesses to only pay for the data resources they need, preventing cloud underutilization and optimizing customer spend. With this new offering, DigitalOcean customers can increase the disk storage of their Managed Databases without needing to change compute and memory to meet higher data utilization demands.
By DigitalOcean Holdings, Inc. · Via Business Wire · October 3, 2023