Digital Ocean, the cloud services provider, has raised $50M in Series C funding to becomes NYC’s newest unicorn. The round comes from investors that include Andreessen Horowitz and Access Industries at a $1.1B pre-money valuation. Founded by Alec Hartman, Ben Uretsky, Jeff Carr, Mitch Wainer, and Moisey Uretsky in 2011, Digital Ocean has now raised a total of $275.4M in reported equity funding. The company is on track to do $300M ARR and 2/3 of its customer base is located outside of the United States.
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