Linux cloud world's best kept secret DigitalOcean just bagged $37m

Submitted by Roy Schestowitz on Friday 7th of March 2014 11:15:37 AM Filed under
GNU
Linux
Server

Cut-price virtual-server hosting biz DigitalOcean has banked a whopping $37.2m from Andreessen Horowitz and other valley investors.

The mammoth series-A funding round was announced on Thursday and will give the 50-person company the funds it needs to aggressively hire talented developers and expand globally, while keeping its Linux cloud server prices as low as $5 a month.

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