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DigitalOcean Gets $130M Credit Facility to Stretch Cloud Infrastructure

DigitalOcean Gets $130M Credit Facility to Stretch Cloud Infrastructure

April 15, 2016

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Infrastructure as a service provider DigitalOcean announced on Thursday that it has secured a $130 million credit facility to purchase equipment that will support its global expansion.

DigitalOcean has seen rapid growth over the past two years: its registered customer base has grown from 253,000 to 708,000 users that have launched more than 13 million cloud servers.

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