DigitalOcean, a publicly owned company headquartered in the United States, was founded in 2012 and employs approximately 1,300 individuals. The company reported $901.4M in revenue as of 2025. As a specialist in software development, DigitalOcean provides products designed to simplify cloud computing.
DigitalOcean's Inference Router became cache-aware on August 20, 2026, addressing the industry-wide challenge of managing escalating AI costs, a concern highlighted by companies like Uber, which reportedly exhausted its annual AI budget within four months. This followed an August 19 selloff in DigitalOcean's stock (DOCN), which affected several software firms but was not attributed to the company's operating performance. Earlier on August 19, DigitalOcean's subsidiary Cloudways launched Managed AI Agents, featuring OpenClaw and Hermes, to simplify AI agent deployment for developers and small to midsize businesses on managed cloud infrastructure.
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