Little-known but rapidly growing cloud vendor DigitalOcean is today announcing an impressive Series B funding round that will further help it grow market awareness for its readily consumed cloud infrastructure offering.
I’ve always wondered about DigitalOcean. The company is relatively unknown (at least in comparison to the big names in cloud hosting, Amazon, Google and Microsoft) and yet independent research suggests that it is the world’s second largest cloud infrastructure provider targeting website and application developers. How does a company that was only formed three years ago grow to be such a powerhouse? And who pays for that incredible growth?