Digital River
OverviewSuggest Edit
Digital River is a provider of API-based payments and risk, order management, and commerce services to enterprise brands. The company also offers MyCommerce, a customized commerce solution for organizations selling software, services, and digital products.
| Type | Private | |
| Founded | 1994 | |
| HQ | Minnetonka, MN, US | Map |
| Website | digitalriver.com | |
| Employee Ratings | More | |
| Overall Culture | B+ | More |
Recent NewsAll News
- Digital River adopts TreviPay
- Digital River Celebrates a Successful Year as 2020 Comes into View
- Digital River Achieves Significant Storage Cost Savings and Application-Consistent NoSQL Backups with Rubrik Datos IO
- New Commissioned Research from Digital River: B2B Software Brands Must Empower Channel Partners and Deliver Seamless Customer Experiences to Thrive
Key People/Management at Digital River
Adam Coyle
Chief Executive Officer
Oleg Ryaboy
Chief Technology Officer
Ryan Douglas
Chief Operations 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, Köln, Shannon, Chiyoda City and in 1 other location
Minnetonka, MN, US (HQ)
10380 Bren Rd W
Köln, DE
Scheidtweilerstraße 4
Shannon, IE
Unit 153 Free Zone West, Tullyglass
Slough, GB
Salamanca Wellington St
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 | 2 years 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
4.01k Twitter followers
Digital River has 4.01k Twitter Followers. The number of followers has increased 0.2% month over month and decreased 0.2% quarter over quarter
Digital River's Trends
Twitter Engagement Stats for @DigitalRiverInc
4k
Tweets
858
Following
4k
Followers
20
Tweets last 30 days
0.7
Avg. likes per Tweet
75%
Tweets with engagement
Digital River Company Culture
Overall Culture
B+
74/100
CEO Rating
C
65/100
Compensation
A-
80/100
Digital River News and Updates
April 09, 2021
Digital River adopts TreviPay
TreviPay, a global business-to-business payments company, today announced the launch of its payments solution with Digital River, an experienced global commerce enabler for established and fast-growing brands.
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
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...
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...
July 18, 2017
Wordline to buy Digital River World Payments
Digital River Inc, a portfolio company of Siris Capital Group, has agreed to sell its online payment service provider to Worldline. Financial terms weren’t announced. Digital River World Payments, of Stockholm, provides a payment gateway, as well as multi-acquiring and collecting services. The unit …
Digital River Blogs
September 20, 2021
Subscription Compliance: How to Build a Successful Subscription Offering
Learn how to navigate subscription regulations and build a successful offering that meets customer expectations and regulatory requirements
The post Subscription Compliance: How to Build a Successful Subscription Offering appeared first on Digital River - EN.
September 08, 2021
Digital River Now Integrated with Chargify to Optimize B2B SaaS Subscription Businesses
Digital River Now Integrated with Chargify to Optimize B2B SaaS Subscription Businesses in North America
The post Digital River Now Integrated with Chargify to Optimize B2B SaaS Subscription Businesses appeared first on Digital River - EN.
August 31, 2021
Tips for Successful Cross Border Fulfillment in the Apparel Industry
Learn how to build a cross border fulfillment strategy for your apparel brand that drives success in new global markets
The post Tips for Successful Cross Border Fulfillment in the Apparel Industry appeared first on Digital River - EN.
August 26, 2021
Digital River Offers New Salesforce Lightning B2B Commerce App
Digital River partners with Salesforce B2B to provide a comprehensive global checkout solution for ecommerce payments, fraud, tax, and compliance.
The post Digital River Offers New Salesforce Lightning B2B Commerce App appeared first on Digital River - EN.
July 28, 2021
Cross Border Ecommerce Basics
Building a cross border strategy can be daunting, learn proven steps on how to build a successful global ecommerce business
The post Cross Border Ecommerce Basics appeared first on Digital River - EN.
July 19, 2021
Digital River Offers New WooCommerce Integration to Simplify and Accelerate Global Expansion
Digital River partners with WooCommerce to provide a comprehensive global checkout solution for ecommerce payments, fraud, tax, and compliance
The post Digital River Offers New WooCommerce Integration to Simplify and Accelerate Global Expansion appeared first on Digital River - EN.
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 988 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 $394.4 k.
Who are Digital River competitors?
Competitors of Digital River include Feedvisor, Global Business Commerce and Sellsy.
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, Köln, Shannon, Chiyoda City and in 1 other location.
How many offices does Digital River have?
Digital River has 9 offices.
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