DigitalOcean Hires Larry D’Angelo as Chief Revenue Officer

July 22, 2024

30 year tech industry veteran will oversee the go-to-market strategy and drive rapid growth

DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, is pleased to announce the appointment of Larry D’Angelo as its new Chief Revenue Officer, effective today. In this role, D’Angelo will drive DigitalOcean’s new business growth via direct sales and channel partnerships, customer success, customer support, and corporate communications.

“Larry is a seasoned operator with rich experience scaling businesses, driving exceptional customer experience, and building world class organizations,” said Paddy Srinivasan, CEO of DigitalOcean. “He brings deep expertise in data driven, high velocity, sales and customer success functions. DigitalOcean is a unique company with over 635K customers, and Larry is the perfect leader to complement DigitalOcean’s world class product-led growth motion powered by our passionate community of developers.”

D’Angelo brings more than 30 years of leadership experience and a proven track record in new business and customer expansion growth to DigitalOcean. Most recently, he served as Chief Customer Officer at Rapid7. He has served as a Senior Advisor to numerous software companies and private equity firms. Before operating as an advisor, D'Angelo was the Chief Sales Officer of LogMeIn, where he helped the company grow from $100M in revenue to $1.4B. His strategic insights and deep industry knowledge will be pivotal in expanding the company's revenue streams and enhancing customer engagement initiatives.

“DigitalOcean’s product-led growth strategy and the power of its community are a tremendous foundation for the company’s next chapter of accelerated growth,” said D’Angelo. “As generative AI propels an influx of new applications, DigitalOcean is perfectly poised to be the platform on which new groundbreaking technologies are built. I am eager to layer on best-in-class go-to-market approaches to drive our ongoing success.”

About DigitalOcean

DigitalOcean simplifies cloud computing so businesses can spend more time creating software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers at startups and growing digital businesses rapidly build, deploy and scale, whether creating a digital presence or building digital products. DigitalOcean combines the power of simplicity, security, community and customer support so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth. For more information, visit digitalocean.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by their use of terms and phrases such as “anticipate,” “enable,” “expect,” “will,” “believe,” “continue” and other similar terms and phrases. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including those factors contained in the “Risk Factors” section of our SEC filings. It is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this release. The results, events and circumstances reflected in the forward-looking statements may not be achieved or occur.

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press@digitalocean.com

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Melanie Strate
investors@digitalocean.com

Source: DigitalOcean Holdings, Inc.