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.

TypePrivate
Founded1994
HQMinnetonka, US
Websitedigitalriver.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Oct 2020)975
Revenue (FY, 2013)$389.7 M
Cybersecurity ratingAMore

Key People/Management at Digital River

Adam Coyle

Adam Coyle

Chief Executive Officer
Oleg Ryaboy

Oleg Ryaboy

Chief Technology Officer
Ryan Douglas

Ryan Douglas

Chief Information Officer
Jason Nyhus

Jason Nyhus

Senior Vice President of Sales and Partnerships
Jason Hofmann

Jason Hofmann

Senior Vice President, Customer Success
KT Schmidt

KT Schmidt

Chief Administrative Officer
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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
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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

Digital River's latest funding round in February 2020 was reported to be $50 m. In total, Digital River has raised $50 m
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Digital River Revenue

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View revenue for all periods
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
USDFY, 2010FY, 2011FY, 2012FY, 2013

Revenue

363.2m398.1m386.2m389.7m

Cost of goods sold

17.8m15.5m12.7m73.5m

Gross profit

345.4m382.6m373.6m316.2m

Gross profit Margin, %

95%96%97%81%
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014

Revenue

81.8m85.0m98.2m92.5m95.4m102.4m90.8m91.7m113.7m92.5m87.3m97.8m87.4m88.8m

Cost of goods sold

4.4m4.5m4.2m3.9m3.7m3.6m3.1m3.0m22.9m17.6m16.2m18.2m16.8m18.3m

Gross profit

77.5m80.4m94.0m88.7m91.7m98.8m87.7m88.7m90.8m74.9m71.1m79.7m70.6m70.5m

Gross profit Margin, %

95%95%96%96%96%96%97%97%80%81%81%81%81%79%
Annual
USDY, 2009Y, 2010FY, 2010FY, 2011Y, 2011Y, 2012FY, 2012Y, 2013FY, 2013

Cash

392.7m565.1m565.1m497.2m497.2m542.9m542.9m483.9m483.9m

Accounts Receivable

50.9m64.8m60.7m70.9m

Prepaid Expenses

35.7m33.7m27.9m

Inventories

Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013

Net Income

15.7m17.2m(195.9m)(24.6m)

Depreciation and Amortization

23.4m22.2m20.3m30.7m

Accounts Payable

(11.6m)57.2m(40.3m)(37.7m)

Cash From Operating Activities

57.8m94.8m38.8m(15.3m)
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Digital River Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Digital River Online and Social Media Presence

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Digital River News and Updates

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

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

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...

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

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...

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...
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Digital River Blogs

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.

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.

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.

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.

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.

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.
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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.