Digital Ocean Raises $775M in public market debut

One of Fountain’s biggest bet sees significant growth opportunities ahead in providing infrastructure as a service to nearly 600,000 clients worldwide. Digital Ocean is now trading as DOCN after raising $775M in its initial public offering. Fountain Partners was the first company to provide Digital Ocean with financing for servers located outside the United States and rewarded Fountain by being the only debt provider that Digital Ocean granted a warrant to.