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.
TypePrivate
Founded1994
HQMinnetonka, MN, US
Websitedigitalriver.com
Employee Ratings3.9
Overall CultureB+

Latest Updates

Employees (est.) (Sept 2021)988
Job Openings3
Revenue (FY, 2013)$389.7 M
Cybersecurity ratingBMore

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 Operations 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, 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
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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

2 years 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

B

88/100

SecurityScorecard logo

Digital River Online and Social Media Presence

Embed Graph

Digital River Company Culture

  • Overall Culture

    B+

    74/100

  • CEO Rating

    C

    65/100

  • Compensation

    A-

    80/100

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Digital River News and Updates

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.

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

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...

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...

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

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.

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.

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.

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.

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.

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.
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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 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.