DigitalOcean Holdings, Inc. announced the appointment of Matt Steinfort as Chief Financial Officer (CFO) beginning in early January 2023. Steinfort comes to DigitalOcean from Zayo, a global communications infrastructure platform with $2.6 billion in revenue in 2019, their last year as a public company. There he held the role of Chief Financial Officer and oversaw all financial operations, strategy and M&A beginning in 2017.

Before joining Zayo, Steinfort founded Envysion, a video intelligence SaaS company, where he also served as President and CEO. He has also held leadership roles at ICG Communications, Level 3 Communications, Bain & Company, and Cambridge Technology Partners. Current CFO, Bill Sorenson, announced his retirement in August.

Sorenson, who joined the company with CEO, Yancey Spruill, in 2019 and led the company through its successful IPO in March of 2021, will remain part of the DigitalOcean team as an executive advisor through the summer of 2023 to ensure a smooth and seamless transition.