Infrastructure as a service provider DigitalOcean has hired former Makerbot VP of finance Larry White, the company announced on Thursday. White will fill the same position at DigitalOcean that he held at the leading 3D printing company.
DigitalOcean’s meteoric rise was recently examined by the WHIR, and the company secured over $3 billion in seed funding in August to aid its rapid growth.
The company, which graduated from the TechStars startup acceleration program in 2012, targets its cloud hosting service to new developers, with low entry cost and pay-as-you-grow pricing which has proved very popular. It also claims simplicity as a major advantage over its large competitors.
“Our services are up and running in a few minutes, while with AWS you need to be a console guru,” White told GigaOM.
Offering a 20GB SSD cloud server with 512 MB of memory and a terabyte of data transfer, which can be deployed in less than a minute, for $5 a month, DigitalOcean is adding 800 customers each day and has increased revenue by 30 percent month over month.
DigitalOcean has launched over 620,000 cloud servers, an increase of over 20 percent from the beginning of October.
White quietly joined DigitalOcean in September, without an announcement, after spending two and a half years at Makerbot, where he built the finance department from the ground up as the company expanded.
The competition for cloud hosting continues to drive low prices, particularly for developers, as European provider Interoute announced Wednesday that it is giving away a year of free cloud hosting to startups and developers.