#cloud--Render, the leading modern cloud application platform adopted by 2M+ developers, today announced that it raised $80M in Series C funding led by Georgian, with participation from 01A (Dick Cost...
Autore: Business Wire
Disruptive cloud’s explosive growth to 2M+ developers underscores strong demand for modern alternatives to complex and costly cloud hyperscalers.
New funding led by Georgian, with participation from 01A and avra, will be used to expand enterprise capabilities, build AI-native compute infrastructure, and increase global footprint and scale.
SAN FRANCISCO: #cloud--Render, the leading modern cloud application platform adopted by 2M+ developers, today announced that it raised $80M in Series C funding led by Georgian, with participation from 01A (Dick Costolo) and avra, and existing investors Addition, Bessemer Venture Partners, General Catalyst, and the South Park Commons Fund. This investment will accelerate Render’s mission to disrupt the $400B+ cloud market by enabling the company to expand enterprise-focused features, build AI-native capabilities, increase its global footprint, and grow its world-class R&D team.
With 100K+ new developers joining every month, Render’s approach to cloud infrastructure automation has driven significant compute workload migrations from other clouds, including AWS, Google Cloud, Microsoft Azure, and Salesforce Heroku. With a fast-growing customer base from innovative unicorns like Watershed and Bridge to modern AI-native companies, Render is poised to completely reshape the cloud computing landscape. The company’s recent inclusion in Gartner's Magic Quadrant for Cloud Application Platforms clearly signals its growing influence in the industry.
“Render’s fast-growing user base and quickly-expanding footprint has proven its ability to capture a significant portion of the rapidly expanding market for developer clouds,” said Emily Walsh, Lead Investor at Georgian. “Its impressive organic growth in developer adoption and revenue demonstrates not just the demand for its cloud platform but also Anurag and his team’s exceptional execution in capitalizing on this opportunity.”
"Render addresses a massive market opportunity by re-imagining the way companies interact with cloud infrastructure,” said Dick Costolo, Co-founder of 01A and former CEO of Twitter. “Existing solutions either make infrastructure management more complex or they lack the flexibility required for today's applications. Render abstracts all this backend away as a concern for applications, literally making the job of cloud management obsolete and enabling companies to focus on innovation vs. infrastructure.”
"We're thrilled to invest in Render, reimagining how teams—especially developers at early-stage companies —build and scale. They're creating the modern AWS by eliminating the clutter of hundreds of discrete services while providing the power, flexibility, and scale that teams need,” said Anu Hariharan, Managing Partner of avra. “We believe Render is pioneering a new standard for developer experience—and we're excited to support Anurag and team as they become the go-to control plane for modern applications.”
Render allows developers to deploy applications with unprecedented ease, eliminating the need for complex configuration and management typically associated with traditional cloud providers. Render elevates the abstraction layer from VMs, where the largest cloud platforms are currently focused, to applications, allowing developers to focus on innovation rather than infrastructure management.
“From day one, Render’s Docker-based environment and automated blue-green deployments allowed us to confidently deploy to production multiple times per day,” said Sean Yu, cofounder at Bridge, now a Stripe company. “Their platform delivers the perfect combination of simplicity and power - handling the complex infrastructure pieces while allowing our engineering team to focus on delivering business value for our customers. I’d recommend every startup build on Render.”
Key advantages of Render’s cloud include:
"It is the beginning of the end of cloud management," said Anurag Goel, founder and CEO of Render. "Unlike traditional cloud providers that demand large engineering teams and complex infrastructure management, Render’s automated cloud empowers companies to scale seamlessly from startup to IPO. The surge in workload migrations from platforms like Salesforce Heroku, AWS, and other hyperscalers to Render validates our vision—developers should focus on building exceptional products, not wrestling with infrastructure. With our new partnerships with Georgian, 01A, and avra, and continued support from existing investors, Render is poised to extend its lead in modern cloud application hosting, particularly for enterprise workloads and the rapidly evolving landscape of AI-native app development."
For more information about Render and its innovative cloud platform, visit render.com.
About Georgian
Georgian invests in high-growth B2B companies and builds with them via our AI Lab to help them scale faster. We seek to identify and accelerate leading growth-stage B2B companies in our thesis areas of Applied AI and Trust. Georgian’s AI Lab team works with portfolio companies to address growth-stage product and go-to-market challenges. The AI Lab supports companies across the product development lifecycle through 1-1 engagements, the Transferred Learnings community and AI research. Based in Toronto, Georgian’s team brings together investors with machine learning professionals, software entrepreneurs and experienced operators.
About Render
Render is the leading modern cloud for application development teams that want to focus on bringing ideas to market faster. Render customers can quickly build and scale applications and websites on the industry’s most advanced developer platform with a global CDN, DDoS protection, preview environments, private networking, and auto deploys from Git. The company won the 2019 TechCrunch Startup Battlefield and is privately held by world-leading venture firms, including Georgian, 01A, avra Capital, South Park Commons Fund, Bessemer Venture Partners, Addition, and General Catalyst.
Fonte: Business Wire