DigitalOcean Secures $725MM Equipment Financing Facility
DigitalOcean, an AI-native cloud purpose-built for inference and agentic workloads, entered into a new $725 million equipment finance facility to fund the expansion of capacity to meet its growing customer demand. The facility, maturing on Sept. 10, 2030, also includes an accordion option of up to $300 million, that the company intends to exercise, subject to obtaining commitments from new or existing lenders, among other conditions. The company intends to use the equipment finance facility to acquire GPU, CPU and other required equipment to meet...
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