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DigitalOcean Names Gabe Monroy as Chief Product Officer
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Rhea-AI Summary
DigitalOcean Holdings (NYSE:DOCN) has appointed Gabe Monroy as chief product officer to lead its product management organization. Monroy, with extensive experience from Microsoft Azure and a strong background in open source technologies, aims to enhance DigitalOcean's product vision. CEO Yancey Spruill highlighted Monroy's leadership as vital for driving growth towards the company's target of $1 billion in revenue by 2024. Monroy is passionate about serving developers, startups, and small businesses, addressing their historically underserved needs.
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Appointment of Gabe Monroy as chief product officer, enhancing leadership in product management.
Monroy's extensive background in cloud services and open-source technology supports innovation.
CEO's confidence in Monroy's role as a key growth lever towards $1 billion revenue target in 2024.
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Brings deep developer cloud product management experience and passion for serving developers, startups and SMBs
NEW YORK--(BUSINESS WIRE)--
DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced the appointment of Gabe Monroy as chief product officer. Monroy will oversee DigitalOcean’s product management organization and own the company’s product vision that will drive growth and innovation and enhance the customer experience.
Prior to DigitalOcean, Monroy was vice president of the Azure Developer Experience group in Microsoft’s Developer Division. In this role, he was responsible for the application-centric services and tools on Azure, including compute services, platform services and developer tools. Previously, Monroy was the founder and chief technology officer (CTO) of Deis, which was acquired by Microsoft in 2017. After joining Microsoft, Monroy started Azure Kubernetes Service, the fastest-growing compute service in Azure’s history. As an early contributor to Docker and Kubernetes, and a founding member of the Cloud Native Computing Foundation (CNCF), Monroy has deep experience in open source software and cloud-native technology.
“DigitalOcean’s product strategy is core to our mission to simplify cloud computing so developers and businesses can spend more time creating software that changes the world,” said Yancey Spruill, CEO at DigitalOcean. “Gabe is a deeply experienced leader with a proven track record of delivering products that delight developers, startups and SMBs. We are excited to add Gabe’s leadership and experience as a strong voice for innovation, which will be a key growth lever on the march to our first billion in revenue in 2024.”
"As a developer-turned-entrepreneur, I'm passionate about empowering the next generation of developers and builders," said Monroy. "DigitalOcean serves the developers, startups and SMBs that have historically been underserved by tech, and I'm thrilled to be a part of that mission."
DigitalOcean simplifies cloud computing so developers and businesses can spend more time building software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers, startups and small and medium-sized businesses (SMBs) rapidly build, deploy and scale applications to accelerate innovation and increase productivity and agility. DigitalOcean combines the power of simplicity, community, open source, 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 or follow @digitalocean on Twitter.
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.
Who is the new chief product officer of DigitalOcean (DOCN)?
Gabe Monroy has been appointed as the new chief product officer at DigitalOcean (DOCN).
What experience does Gabe Monroy bring to DigitalOcean (DOCN)?
Gabe Monroy has extensive experience, previously serving as vice president at Microsoft Azure and founding Deis, focusing on cloud-native technologies.
What is the revenue target for DigitalOcean (DOCN) by 2024?
DigitalOcean (DOCN) aims to reach $1 billion in revenue by 2024.
What is DigitalOcean's focus in the cloud market?
DigitalOcean focuses on simplifying cloud computing for developers, startups, and small to medium-sized businesses.
