Digitalocean
Verified“A US public cloud, all the way down.”
- Listing
- NYSE: DOCN
- FY2024 revenue
- ~$781M
- Data centers
- 16 (leased)
- Employees
- 1,210
19 = midpoint of Control 15 & Data 23
Sovereignty Quadrant
Control β who owns & governs the company Β· Data β where your data lives. Every dot is a company β click to open it.
Every number below traces to 12 sourced facts across 5 independent sources, last verified 2026-06-12. 3 open questions hold confidence at 90% β they lower confidence, never the score.
Control β
Who legally and economically controls the company
Legal & Jurisdiction
18
Incorporated in Delaware and headquartered in New York. The parent and operating entities are US legal persons subject to US federal and state law; EU law reaches it only indirectly (GDPR for EU users, via local subsidiaries), not as the governing jurisdiction. Classic non-EU-incorporated, non-EU-operating profile.
Why 18? 3 sourced facts · click to expand
Parent is incorporated in Delaware
DigitalOcean FY2024 Form 10-K (SEC EDGAR) Β· as of 2024-12-31
Principal executive offices in New York
DigitalOcean FY2024 Form 10-K (SEC EDGAR) Β· as of 2024-12-31
Government data requests handled under US law (ECPA) with a US transparency report
DigitalOcean Law Enforcement Guidelines Β· as of 2026-06-12
Control & Ownership
12
NYSE-listed (DOCN) with control and economics concentrated in the US: largest beneficial owner is US conglomerate Access Industries, followed by BlackRock, Vanguard and State Street. No meaningful EU voting or economic majority. USD-denominated equity.
Why 12? 3 sourced facts · click to expand
Listed on the New York Stock Exchange as DOCN
DigitalOcean FY2024 Form 10-K (SEC EDGAR) Β· as of 2024-12-31
Access Industries is a >5% beneficial owner; largest holder cited around 28%
Fintel institutional ownership (DOCN) Β· as of 2025-03-30
Top institutional holders are US asset managers
Fintel institutional ownership (DOCN) Β· as of 2025-03-30
Data β
Where your data lives and who can reach it
Data & Infrastructure
18
DigitalOcean does not own data centers; it leases space in third-party colocation facilities. EU regions exist (Frankfurt FRA1, Amsterdam AMS3, London LON1) but the operator is a US company subject to the CLOUD Act, so EU-located data does not escape US legal reach. Better than US-only hosting because EU residency is selectable, but the controlling jurisdiction is foreign.
Why 18? 3 sourced facts · click to expand
Leases space to operate 16 data centers worldwide
DigitalOcean FY2024 Form 10-K (SEC EDGAR) Β· as of 2024-12-31
Relies on third-party data center providers across the US, Germany, UK, Netherlands and others
DigitalOcean FY2024 Form 10-K (SEC EDGAR) Β· as of 2024-12-31
EU regions available (Frankfurt, Amsterdam, London)
DigitalOcean data center locations (DataCenters.com) Β· as of 2026-03-16
Operations & People
30
HQ in New York with a US CEO (Paddy Srinivasan) and US-listed leadership, USD reporting. The notable exception is workforce geography: of 1,210 employees, 703 were located outside the US, so the headcount is genuinely international even though command and reporting are US-centered.
Why 30? 3 sourced facts · click to expand
1,210 total employees, 703 located outside the United States
DigitalOcean FY2024 Form 10-K (SEC EDGAR) Β· as of 2024-12-31
CEO Paddy Srinivasan, appointed 2024, leads from the US
DigitalOcean investor relations CEO announcement Β· as of 2024-01-17
FY2024 revenue ~$780.6M (up $87.7M / 13%), reported in USD
DigitalOcean FY2024 Form 10-K (SEC EDGAR) Β· as of 2024-12-31
Aligned to the EU Commission’s official Cloud Sovereignty Framework (SEAL, Jun 2026) β
What we don’t know
3 open questions β they lower confidence, never the score
- ?
Are the EU regions (Frankfurt, Amsterdam) operated through an EU-incorporated DigitalOcean subsidiary, or directly by the US entity?
Affects whether an EU data controller has any EU-law counterparty, but does not change US parent control or CLOUD Act exposure.
- ?
Does DigitalOcean own its servers/hardware inside the leased colocation space, or rent compute as well?
The 10-K confirms leased data-center space and third-party providers but is not explicit on hardware ownership; affects how 'asset-light' the EU footprint truly is.
- ?
Exact precise FY2024 total revenue figure and EU-region revenue split
FY2024 total is derived from the 10-K's stated $87.7M / 13% increase; the EU-specific revenue share is not disclosed.
EU Cloud Sovereignty Framework lens
SEAL targets cloud service providers; applied here as an analogous sovereignty mapping for DigitalOcean, not a formal SEAL certification.
Strategic
US-controlled, NYSE-listed, USD-reporting; strategic direction set in the US under largest holder Access Industries.
Legal & jurisdictional
Delaware-incorporated, NY-run, governed by US law (ECPA) with CLOUD Act exposure over EU-located data.
Data & AI
EU regions (Frankfurt, Amsterdam) allow data residency, but on infrastructure controlled by a US company subject to US legal process.
Operational
US HQ and leadership, but 703 of 1,210 employees sit outside the US β a genuinely international workforce.
Supply chain
Depends on third-party colocation providers and a US-centric vendor/listing ecosystem; no EU sovereign supply chain.
Technological
Owns its platform/software and runs its own networked DC footprint, but on leased space, not sovereign EU infrastructure.
Security & compliance
Publishes transparency reports and trust/certification resources; compliance framework is US-anchored.
Environmental sustainability
No verified EU-specific energy/sustainability data reviewed for this profile.
EU alternatives
German-owned developer/VPS cloud running its own data centers in Germany and Finland; closest EU-sovereign analogue to DigitalOcean.
French cloud (Iliad group) with EU-owned data centers; developer-focused compute, storage and GPU offerings.
Euronext Paris-listed, French-controlled hyperscale-scale provider operating its own EU data centers.
How the method works
Methodology v2 (provisional): the score is the midpoint of two axes β Control (who owns and governs the company) and Data (where your data lives and who can reach it). Each axis is scored only on verified evidence; unknowns reduce confidence, never the score. Every input below is sourced; the weights and judgments are open to challenge.
Spotted an error? Every claim is sourced β challenge it and we correct the record.
- 2026-06-12 β Initial golden profile, authored from primary sources (human + AI review).
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Verified 2026-06-12 Β· Human + AI joint review (sources independently checked) Β· Methodology