DigitalOcean Holdings, Inc. Common Stock (DOCN)

Frequently Asked Questions About DigitalOcean Holdings, Inc. Common Stock (DOCN)

Does DigitalOcean offer free trials or credits?

Yes, DigitalOcean often provides new users with credits that can be used to try out their services without any upfront costs. This allows potential customers to explore the platform and test various services to see how they can benefit their projects.

Does DigitalOcean provide customer support?

Yes, DigitalOcean provides customer support through several channels, including a comprehensive knowledge base, community forums, and ticket-based support for paying customers. They also offer 24/7 support for certain tiers of service, ensuring that users can get assistance when needed.

How does DigitalOcean bill its customers?

DigitalOcean uses a pay-as-you-go pricing model, where customers are billed based on their actual resource usage. This model includes predictable monthly charges for standard virtual machines as well as hourly billing for additional services and resources, allowing customers to manage their budgets effectively.

How does DigitalOcean handle data privacy?

DigitalOcean is committed to maintaining customer data privacy and complies with relevant data protection regulations such as GDPR. They implement strong privacy policies and practices to ensure that user data is handled responsibly and securely, providing transparency about data handling and processing.

How does DigitalOcean support the developer community?

DigitalOcean actively supports the developer community through educational content such as tutorials, webinars, and technical documentation. They also maintain a community forum where developers can ask questions, share knowledge, and collaborate on projects, fostering a vibrant ecosystem around their services.

How secure is DigitalOcean's infrastructure?

DigitalOcean places a strong emphasis on security, implementing multiple layers of protection including Firewalls, DDoS protection, data encryption at rest and in transit, and regular security audits. They also provide tools for users to secure their applications and manage access to resources through robust identity and access management options.

Is DigitalOcean a public company?

Yes, DigitalOcean became a public company when it conducted its initial public offering (IPO) in March 2021 and is traded on the New York Stock Exchange under the ticker symbol DOCN. The IPO marked a significant milestone in the company’s growth trajectory and allowed it to access capital for further expansion.

What does DigitalOcean Holdings, Inc. do?

DigitalOcean Holdings, Inc. is a cloud infrastructure provider that offers developers and businesses a simple and affordable platform to deploy and manage scalable applications in the cloud. Their services include cloud computing, database management, and Kubernetes hosting, designed to remove the complexities associated with cloud services, thus empowering developers to focus on building applications.

What initiatives does DigitalOcean have for startups?

DigitalOcean has various initiatives aimed at supporting startups, including a program that offers credits and resources to help young companies scale their infrastructure. Additionally, they provide access to mentorship, networking opportunities, and educational resources specifically tailored for startup growth.

What is DigitalOcean's commitment to sustainability?

DigitalOcean is committed to sustainability and minimizing its environmental impact by using energy-efficient technologies and investing in renewable energy. They continually seek to improve their energy footprint and support initiatives that aim to reduce carbon emissions associated with data center operations.

What is DigitalOcean's growth strategy?

DigitalOcean's growth strategy focuses on expanding its product offerings and enhancing user experience while maintaining their core mission of simplicity and affordability. They are continually investing in product innovation and exploring partnerships to address the evolving needs of developers and businesses in the cloud space.

What is DigitalOcean's market capitalization?

As of October 2023, DigitalOcean's market capitalization fluctuates based on its stock price. This figure represents the total market value of the company’s outstanding shares and is an important metric for investors to assess the company's size relative to others in the industry.

What is DigitalOcean's pricing strategy?

DigitalOcean's pricing strategy is designed to be transparent and affordable. They offer competitive rates for their services, with straightforward plans and no hidden costs, which is especially attractive for developers and businesses looking for predictable cloud spending.

What is DigitalOcean's target market?

DigitalOcean primarily targets developers, startups, and small to medium-sized businesses looking for straightforward and cost-effective cloud solutions. Their approach focuses on enhancing the developer experience by providing easy-to-use tools and a clear pricing structure that avoids hidden fees.

What programming languages and frameworks does DigitalOcean support?

DigitalOcean supports a wide range of programming languages and frameworks, including but not limited to Python, Ruby on Rails, Node.js, Java, PHP, and Go. They also provide a variety of one-click application deployments, which enable developers to easily set up applications with minimal configuration.

What services does DigitalOcean offer?

DigitalOcean offers a range of cloud services that include scalable compute instances, managed databases, storage solutions, Kubernetes-based container management, and networking tools. Additionally, they provide developer-oriented tools and resources to simplify deployment and management of applications in the cloud.

What tools does DigitalOcean provide for developers?

DigitalOcean offers a suite of tools for developers, including the DigitalOcean Control Panel for managing resources, API access for automating workflows, and integration with GitHub for seamless deployment. They also have marketplace solutions to quickly deploy popular applications and solutions.

When was DigitalOcean founded?

DigitalOcean was founded in 2011, aimed at simplifying cloud infrastructure for developers, particularly small-to-medium-sized businesses and startups. The company's rise in popularity is attributed to its user-friendly interface and affordable pricing model compared to other major cloud service providers.

Where is DigitalOcean headquartered?

DigitalOcean is headquartered in New York City, New York. The company has adopted a remote-first culture, allowing it to attract talent from various locations around the world while maintaining its core operations from its main office in Manhattan.

Who are DigitalOcean's main competitors?

DigitalOcean competes with major cloud service providers such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud, and other smaller providers like Linode and Vultr. While these competitors offer broader and more complex services, DigitalOcean focuses on simplicity and accessibility for developers and small businesses.

What is the current price of DigitalOcean Holdings, Inc. Common Stock?

The current price of DigitalOcean Holdings, Inc. Common Stock is 28.65

When was DigitalOcean Holdings, Inc. Common Stock last traded?

The last trade of DigitalOcean Holdings, Inc. Common Stock was at 7:00 pm EDT on April 4th, 2025