As a provider of cloud services for developers, startups and SMBs, DigitalOcean saw its revenue growth in Q3 accelerate to 37% year-over-year. The cloud provider’s total revenue in Q3 2021 came down to $111.4 million.
Cloud Provider DigitalOcean Buys Serverless Platform Provider Nimbella
Serverless platform provider Nimbella has been acquired by cloud provider DigitalOcean for an undisclosed sum of money. The acquisition would broaden DigitalOcean’s capabilities in the fast-growing Function-as-a-Service (FaaS) market.