Digital River - About the company
Digital River is an acquired company based in Minnetonka (United States), founded in 1994. It operates as a Cloud-based tax, fraud compliance and payment solutions for businesses. Digital River has raised an undisclosed amount in funding. The company has 2037 active competitors, including 206 funded and 217 that have exited. Its top competitors include companies like PayPal, Stripe and PayU.
Company Details
Cloud-based tax, fraud compliance, and payment solutions for businesses. It offers solutions for tax management, transaction management, fraud, compliance management, and more. It provides customized payment solutions to accept payments.
- Website
- digitalriver.com
- Social
- Registered Address
- Minnetonka, Minnesota
Key Metrics
Founded Year
1994
Location
Minnetonka, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
143rd among 2037 active competitors
Employee Count
508 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Siris Capital (Oct 23, 2014)
Legal entities associated with Digital River
Digital River is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DIGITAL RIVER IRELAND LTD CIN: 990660646 , Norway, Active | Aug 01, 2005 | - | - | |
DIGITAL RIVER UK LIMITED CIN: 5788465 , United Kingdom, Active | Apr 19, 2006 | $5.55M (As on Dec 31, 2022) | 26 (As on Dec 31, 2022) | |
DIGITAL RIVER SINGAPORE PTE. LTD. CIN: 201135318G , Singapore, Active | Dec 09, 2011 | - | - | |
Digital River, Inc. CIN: 411901640 , United States, Active | Dec 26, 999 | - | 130 (As on Dec 31, 2024) | - |
DIGITAL RIVER INDIA PRIVATE LIMITED CIN: U74999MH2011PTC217640 , India, Active | May 18, 2011 | $9.19M (As on Mar 31, 2025) | - | |
DIGITAL RIVER AUSTRALIA PTY LTD. CIN: 161737926 , Australia, Active | Dec 19, 2012 | - | - | - |
Digital River's acquisition details
Digital River got acquired by Siris Capital on Oct 23, 2014 at an acquisition amount of $*****.
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Digital River's funding and investors
Digital River has raised funding over 2 rounds. Its first funding round was on Dec 1999. Its latest funding round was a Post IPO round on Feb 25, 2020 for $*****. 1 investor participated in its latest round. Digital River has 6 institutional investors.
Here is the list of recent funding rounds of Digital River:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 25, 2020 | 8719170 | Post IPO | 8862303 | 4664132 | 7001880 | 7818250 |
Dec 1999 | 9609663 | Post IPO | 2462863 | 5902761 | 3623355 |
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Digital River's founders and board of directors
Founder? Claim ProfileDigital River's employee count trend
Digital River has 508 employees as of May 26. Here is Digital River's employee count trend over the years:
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Digital River's Competitors and alternates
Top competitors of Digital River include PayPal, Stripe and PayU. Here is the list of Top 10 competitors of Digital River, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 88/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of payment solutions and credit products for online merchants | $35.1M | 83/100 | |
4th |  Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 82/100 | |
6th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 | |
7th |  Corpay 2000, Atlanta (United States), Public | Provider of payment automation and expense management software solutions | $175M | 77/100 | |
8th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 76/100 | |
9th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
10th | Modern Treasury 2018, San Francisco (United States), Series C | Provider of APIs to automate and manage money movement and ledgering | $183M | 74/100 | |
143rd | Digital River 1994, Minnetonka (United States), Acquired | Cloud-based tax, fraud compliance and payment solutions for businesses | - | 52/100 |
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Digital River's Investments and acquisitions
Digital River has made 1 investments in companies including Softonic. Digital River has also acquired 9 companies including LML Payment Systems Corp. and JourneyEd.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 24, 2012 | Acquisition | 1999 | Vancouver (Canada) | |
Sep 07, 2010 | Acquisition | 2009 | Plano (United States) | |
May 05, 2010 | Acquisition | 2006 | Vienna (Austria) |
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Reports related to Digital River
Here is the latest report on Digital River's sector:
News related to Digital River
Filter this list•
Provisional liquidators appointed to Irish arm of e-commerce firm Digital RiverThe Irish Times•Jan 31, 2025•Digital River
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Digital River Names Nate Kraft Senior Vice President of Product Strategy and ManagementBusiness Wire•Mar 05, 2024•Digital River
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Redarc Electronics Makes Four Key Sales & Marketing HiresSGB Media•Aug 31, 2023•REDARC, Digital River
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Digital River Selected as Adobe Platinum Partner for Cross-Border Ecommerce and Merchant of RecordBusiness Wire•Jun 08, 2023•Digital River, Adobe
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Digital River Names John Burke Senior Vice President of RevenueBusiness Wire•May 31, 2023•Digital River
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Commerce Enabler Digital River Offers Pay Later Options Afterpay, ClearpayCrowdfund Insider•Apr 13, 2023•Digital River, Afterpay, Clearpay
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Protolabs Appoints Oleg Ryaboy as New Chief Technology OfficerBusiness Wire•Sep 09, 2022•Proto Labs, Digital River
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