
Is Digital Ocean dying?
DigitalOcean, a cloud infrastructure provider focusing on small businesses and start-ups, announced that it had secured $100 million in new debt from a group of buyers, bringing its debt increased to $300 million.
Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user. The term is generally used to describe data centers available to many users over the Internet.