Cloud computing firm DigitalOcean aims for nearly $5 billion valuation in U.S. IPO

Cloud computing firm DigitalOcean aims for nearly $5 billion valuation in U.S. IPO

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-digital-ocean-ipo/cloud-computing-firm-digitalocean-aims-for-nearly-5-billion-valuation-in-u-s-ipo-idUSKBN2B71CB

DigitalOcean Holdings Inc is aiming for a valuation of nearly $5 billion in its U.S. initial public offering (IPO), the cloud services firm said on Monday, as the shift to work from home due to the COVID-19 pandemic accelerates the switch to cloud-based computing.