Digital River
OverviewSuggest Edit
Backed by 20 years of ecommerce experience, Digital River is recognized as a leading global provider of Commerce-as-a-Service solutions. Companies of all sizes rely on Digital River’s cloud-based commerce, payments and marketing services to manage and grow their online businesses. In 2014, Digital River processed more than $35 billion in online transactions, connecting B2B and B2C digital products companies and branded manufacturers with buyers across multiple devices and channels, and nearly every country in the world.
Digital River is headquartered in Minneapolis with offices across the U.S., Asia, Europe and South America.
| Type | Private | |
| Founded | 1994 | |
| HQ | Minnetonka, US | Map |
| Website | digitalriver.com | |
| Employee Ratings | More |
Key People/Management at Digital River
Adam Coyle
Chief Executive Officer
Oleg Ryaboy
Chief Technology Officer
Ryan Douglas
Chief Information Officer
Jason Nyhus
Senior Vice President of Sales and Partnerships
Jason Hofmann
Senior Vice President, Customer Success
KT Schmidt
Chief Administrative Officer
Digital River Office Locations
Digital River has offices in Minnetonka, Aliso Viejo, Kirkland, Pittsburgh and in 5 other locations
Minnetonka, US (HQ)
10380 Bren Rd W
Aliso Viejo, US
120 Vantis Dr #408
Kirkland, US
KIR Google CWP 4, 720 4th Ave
Pittsburgh, US
651 Holiday Dr
Köln, DE
Scheidtweilerstraße 4
Shannon, IE
Unit 153 Free Zone West, Tullyglass
Digital River Financials and Metrics
Summary Metrics
Founding Date | 1994 |
Digital River total Funding | $50 m |
Digital River latest funding size | $50 m |
Time since last funding | 8 months ago |
Digital River investors | Siris Capital Group |
Digital River's latest funding round in February 2020 was reported to be $50 m. In total, Digital River has raised $50 m
Digital River Revenue
Digital River's revenue was reported to be $389.68 m in FY, 2013
| USD | |
|---|---|
Revenue (Q3, 2014) | 88.8m |
Gross profit (Q3, 2014) | 70.5m |
Gross profit margin (Q3, 2014), % | 79.4% |
Net income (Q3, 2014) | 4.2m |
EBIT (Q3, 2014) | (5.9m) |
Cash (30-Sept-2014) | 233.4m |
Annual
Quarterly
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 81.8m | 85.0m | 98.2m | 92.5m | 95.4m | 102.4m | 90.8m | 91.7m | 113.7m | 92.5m | 87.3m | 97.8m | 87.4m | 88.8m |
Cost of goods sold | 4.4m | 4.5m | 4.2m | 3.9m | 3.7m | 3.6m | 3.1m | 3.0m | 22.9m | 17.6m | 16.2m | 18.2m | 16.8m | 18.3m |
Gross profit | 77.5m | 80.4m | 94.0m | 88.7m | 91.7m | 98.8m | 87.7m | 88.7m | 90.8m | 74.9m | 71.1m | 79.7m | 70.6m | 70.5m |
Gross profit Margin, % | 95% | 95% | 96% | 96% | 96% | 96% | 97% | 97% | 80% | 81% | 81% | 81% | 81% | 79% |
Annual
Quarterly
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 311.8m | 329.5m | 484.2m | 432.5m | 457.1m | 475.4m | 421.5m | 465.5m | 500.7m | 422.8m | 458.1m | 309.7m | 225.2m | 233.4m |
Accounts Receivable | 37.6m | 57.7m | 53.6m | 55.8m | 56.3m | 58.1m | 71.9m | 75.3m | 69.9m | 64.8m | 50.6m | 66.7m | 59.0m | 64.7m |
Prepaid Expenses | 36.6m | 34.9m | 41.0m | 40.8m | 38.4m | 33.4m | 34.1m | 28.8m | 23.2m | 23.4m | 24.9m | |||
Current Assets | 408.5m | 460.5m | 822.6m | 811.8m | 766.2m | 808.7m | 765.2m | 797.1m | 749.1m | 669.5m | 666.9m | 483.3m | 476.0m | 476.9m |
Annual
Quarterly
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 4.5m | 10.3m | 7.0m | 7.3m | 12.8m | 4.7m | 4.9m | 4.2m | (11.4m) | (12.2m) | (24.7m) | (5.6m) | (12.8m) | (8.7m) |
Depreciation and Amortization | 11.6m | 17.7m | 5.4m | 11.0m | 16.7m | 5.3m | 10.3m | 15.3m | 5.0m | 10.1m | 22.2m | 8.5m | 17.2m | 25.9m |
Accounts Payable | (49.7m) | (36.4m) | (6.7m) | (23.7m) | (9.2m) | (44.2m) | (72.6m) | (62.6m) | (1.2m) | (70.3m) | (65.7m) | (19.1m) | (18.9m) | (12.8m) |
Cash From Operating Activities | (22.2m) | (27.0k) | (11.3m) | (26.9m) | 5.1m | (23.1m) | (51.8m) | (24.3m) | (10.2m) | (63.9m) | (45.6m) | (10.4m) | 2.7m | 8.2m |
Digital River Cybersecurity Score
Digital River Online and Social Media Presence
4.03k Twitter followers
Digital River has 4.03k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.7% quarter over quarter
Digital River's Trends
Twitter Engagement Stats for @DigitalRiverInc
3.7k
Tweets
863
Following
4k
Followers
54
Tweets last 30 days
0.5
Avg. likes per Tweet
38.9%
Tweets with engagement
Digital River News and Updates
February 28, 2020
Digital River Celebrates a Successful Year as 2020 Comes into View
A successful company pivot finds the ecommerce enabler positioned for growth as it marks a year of transformation and new client wins.read more
January 11, 2019
Global Credit Processing Solution Market Outlook 2019 – Growth Drivers, Opportunities | Major Key Players - First Data, Square, Digital River, Leap Payments, 2Checkout, Wirecard, PayAnywhere
Summary: A new market study, titled “Discover Global Credit Processing Solution Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports. Posted via Industry Today. Follow us on Twitter @IndustryToday
December 19, 2018
Digital River Achieves Significant Storage Cost Savings and Application-Consistent NoSQL Backups with Rubrik Datos IO
PALO ALTO, Calif., Dec. 19, 2018 /PRNewswire/ -- Rubrik, the Cloud Data Management Company, today announced that Digital River has reduced storage costs, automated NoSQL backup and recovery, and improved data protection with Rubrik Datos IO software. The global ecommerce technology...
December 12, 2018
E-Commerce Software And Services Spending 2018 Global Market Key Players - Worldline, Bazaarvoice, Meridian E-commerce, Dell, Oracle, SLI Systems, Cleverbridge, EBay Enterprise, Infosys, Digital River, IBM.....
E-Commerce Software And Services Spending – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
June 20, 2018
New Commissioned Research from Digital River: B2B Software Brands Must Empower Channel Partners and Deliver Seamless Customer Experiences to Thrive
MINNEAPOLIS, June 20, 2018 /PRNewswire/ -- Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions, announced the results of a commissioned research study, which evaluated reseller channel partner loyalty and its impact on the success of business-to-business...
June 20, 2018
New Commissioned Research from Digital River: B2B Software Brands Must Empower Channel Partners and Deliver Seamless Customer Experiences to Thrive
MINNEAPOLIS, June 20, 2018 /PRNewswire/ -- Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions, announced the results of a commissioned research study, which evaluated reseller channel partner loyalty and its impact on the success of business-to-business...
Digital River Blogs
September 17, 2020
Intelligent Transactions: How to Boost Authorizations and Optimize Revenue
Learn how your brand can increase payment authorization rates and optimize revenue while providing a better customer experience for your shoppers
The post Intelligent Transactions: How to Boost Authorizations and Optimize Revenue appeared first on Digital River.
September 11, 2020
Keeping Your Business Safe: Navigating Compliance in Global Markets
Learn more about the right technology, the right processes, and the right people needed to stay compliant when expanding into new global markets
The post Keeping Your Business Safe: Navigating Compliance in Global Markets appeared first on Digital River.
August 21, 2020
Your Guide to Navigating an Ecommerce-Focused Holiday Season
Is your ecommerce brand ready for an online-heavy holiday season? Learn what you need to do now to prepare your business for success.
The post Your Guide to Navigating an Ecommerce-Focused Holiday Season appeared first on Digital River.
August 06, 2020
Tax and Global Ecommerce: What to Expect when Launching into New Markets
What you need to know to take the complexity out of ecommerce tax nuances when your brand is expanding into new global markets
The post Tax and Global Ecommerce: What to Expect when Launching into New Markets appeared first on Digital River.
July 24, 2020
The Secret to Optimizing Payments for your D2C Channel
Understand how different payment methods & systems can impact your D2C channel and how to optimize your payments strategy to increase conversions
The post The Secret to Optimizing Payments for your D2C Channel appeared first on Digital River.
July 10, 2020
3 Steps to Optimizing Ecommerce Payments for Global Conversions
Learn why optimizing your payments system and offering a seamless checkout experience is crucial when driving conversions in new markets
The post 3 Steps to Optimizing Ecommerce Payments for Global Conversions appeared first on Digital River.
Digital River Frequently Asked Questions
When was Digital River founded?
Digital River was founded in 1994.
Who are Digital River key executives?
Digital River's key executives are Adam Coyle, Oleg Ryaboy and Ryan Douglas.
How many employees does Digital River have?
Digital River has 975 employees.
What is Digital River revenue?
Latest Digital River annual revenue is $389.7 m.
What is Digital River revenue per employee?
Latest Digital River revenue per employee is $399.7 k.
Who are Digital River competitors?
Competitors of Digital River include Feedvisor, Flubit and TicketForEvent.
Where is Digital River headquarters?
Digital River headquarters is located at 10380 Bren Rd W, Minnetonka.
Where are Digital River offices?
Digital River has offices in Minnetonka, Aliso Viejo, Kirkland, Pittsburgh and in 5 other locations.
How many offices does Digital River have?
Digital River has 13 offices.
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