Equipment lease provider Fountain Partners has provided cloud service provider with access to $13m (9.4m) in funding, allowing the company to expand into the European market.
Of the $13m provided, $5m was specifically for overseas expansion.
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According to DigitalOcean’s chief operating officer Karl Alomar: "We had some international capacity before, but this was the first significant chunk of financing dedicated to international infrastructure. This helped us expand in Amsterdam and launch the Singapore data centre this year with confidence."
The funding has also allowed DigitalOcean to plan expanding operations to the UK, and plans to open its first data centre in London in the summer.
DigitalOcean said it could add 4,000 customer accounts for every $1m worth of servers.
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