SC 13G/A: DigitalOcean Holdings, Inc.
Ticker: DOCN · Form: SC 13G/A · Filed: 2024-05-08T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by DigitalOcean Holdings, Inc..
Risk Assessment
Risk Level: low
From the Filing
0001104659-24-058492.txt : 20240508 0001104659-24-058492.hdr.sgml : 20240508 20240508094911 ACCESSION NUMBER: 0001104659-24-058492 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 GROUP MEMBERS: IA VENTURE STRATEGIES SIDE FUND II, LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DigitalOcean Holdings, Inc. CENTRAL INDEX KEY: 0001582961 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-92451 FILM NUMBER: 24924562 BUSINESS ADDRESS: STREET 1: 101 AVENUE OF THE AMERICAS STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 341-985-0306 MAIL ADDRESS: STREET 1: 101 AVENUE OF THE AMERICAS STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10013 FORMER COMPANY: FORMER CONFORMED NAME: Digital Ocean, Inc. DATE OF NAME CHANGE: 20130731 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: IA Venture Strategies Fund II, LP CENTRAL INDEX KEY: 0001530237 ORGANIZATION NAME: IRS NUMBER: 453067282 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 920 BROADWAY, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 347-450-9110 MAIL ADDRESS: STREET 1: 920 BROADWAY, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 SC 13G/A 1 tm2413795d1_sc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2 (Amendment No. _1__) DigitalOcean Holdings, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 25402D102 (CUSIP Number) March 31, 2024 (Date of Event Which Requires Filing of the Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ¨ Rule 13d-1(b) ¨ Rule 13d-1(c) x Rule 13d-1(d) 25402D102 13G Page 2 of 7 Pages 1. NAME OF REPORTING PERSONS IA Venture Strategies Fund II, LP IA Venture Strategies Side Fund II, LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)      ¨ (b)     x 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,961,791 (1) 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,961,791 (1) 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,961,791 (1) 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.26% of Common Stock 12. TYPE OF REPORTING PERSON OO 1. The shares are held by IA Venture Strategies Fund II, LP (“IAVS Fund II”) and IA Venture Strategies II Side Fund, LP ("IAVS Side Fund II"). IA Venture Partners II, LLC is the General Partner of IAVS Fund II and IAVS Side Fund II. The General Partner has voting and investment control over the shares held by IAVS Fund II and IAVS Side Fund II. Roger Ehrenberg, Bradford Gillespie and Jesse Beyroutey are the members of IA Venture Partners II, LLC and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by this entity. Mr. Ehrenberg, Mr. Gillespie and Mr. Beyroutey disclaim beneficial ownership with respect to such shares except to the extent of their pecuniary interest therein. 25402D102 13G Page 3 of 7 Pages Item 1(a). Name of Issuer: DigitalOcean Holdings, Inc. Item 1(b). Address of Issuer’s Principal Executive Offices: 101 Avenue of the Americas 10 th Floor New York, NY, 10013 Item 2(a). Name of Person Filing: IA Venture Strategies Fund II, LP IA Venture Strategies I