
The last few years have seen the incredible growth of cloud computing. Applications and services that were developed for on-premise use have all found a new home in the cloud. As with most technology transformations, early adoption often occurs around a hobbyist developer community that then expands into more mainstream adoption and use. The cloud is no exception; as it grows it continues to empower developers to shape technology and change the world.
What started as a primitive, manual, and cumbersome infrastructure service, has evolved into a variety of cloud vendors offering vast collections of services targeted at a number of different audiences –perhaps too vast. We have Database-as-a-Service, Compute-as-a-Service, Analytics-as-a-Service, Storage-as-a-Service, as well as deployment and network environments, and everything in between. It has left the developer community with more options, functionality, and cost than it needs or wants.
It’s time for the cloud to once again focus on developers, and that is where DigitalOcean comes in.
Started by Ben Uretsky and his brother Moisey, with the additional intellectual brawn of an eclectic group of passionate developers, DigitalOcean has focused on one goal: making developers lives easier by providing a powerful, yet simple Infrastructure-as-a-Service.
The DigitalOcean service is purpose-built for the developer, offering automated web infrastructure for deploying web-based applications. The results have been eye-popping. From a standing-start in December 2012, DigitalOcean has grown from 100 web-facing computers to over 50,000 today, making it one of the fastest growing cloud computing providers in the world. It is now the ninth largest web infrastructure provider on the planet. With this round of funding, the management team intends to aggressively hire more in-house and remote software engineers to accelerate that already tremendous momentum.
DigitalOcean is also taking a page out of the open source world and is using and contributing to the most relevant open source projects. In the same way that Github or Facebook or Twitter offers open source as a service, DigitalOcean does the same. A few weeks back, I wrote a post presenting several viable models for open source deployments and DigitalOcean is a case study. We are thrilled to be working with the DigitalOcean team as they continue to build a cloud that developers love.
NOTE: Chart data from Netcraft.
The views expressed here are those of the individual AH Capital Management, L.L.C. (“a16z”) personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.
This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a16z. (An offering to invest in an a16z fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments and certain publicly traded cryptocurrencies/ digital assets for which the issuer has not provided permission for a16z to disclose publicly) is available at https://a16z.com/investments/.
Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://a16z.com/disclosures for additional important information.