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Render Raises $100 Million Series C Extension at $1.5 Billion Valuation to Build the Cloud for AI-Native Software
Render plans to use $100 million funding to hire engineers, build features, and test servers, supporting over 4.5 million developers with AI-native cloud infrastructure.
- On Tuesday, Render, a San Francisco startup, raised $100 million at a $1.5 billion valuation to expand its cloud infrastructure for AI-native software.
- Facing intensified competition since ChatGPT in 2022, demand from AI labs and developers has grown as OpenAI, which uses Render, committed more than $600 billion to major cloud providers in recent months.
- Anurag Goel, co-founder and CEO, noted that its revenue growth exceeds 100% and more than 4.5 million developers use its tools, while Render runs on Amazon Web Services and Google Cloud Platform and recently tested its own servers.
- With the new capital, Render will hire additional technical staff to build product features, aiming to reduce costs and improve efficiency for customers including Shortcut, which moved from rival Vercel.
- But greater reliance on in-house servers brings capacity risks as Render, founded 2018 with about 100 employees, reports revenue growth well above 100%.
11 Articles
11 Articles
Render raises $100M at $1.5B valuation as AI boom fuels cloud infrastructure shift - Tech Startups
The AI coding surge is minting new winners in cloud infrastructure — and Render just joined the unicorn club. The San Francisco AI cloud startup said Tuesday it has raised $100 million at a $1.5 billion valuation, doubling down on […] The post Render raises $100M at $1.5B valuation as AI boom fuels cloud infrastructure shift first appeared on Tech Startups.
Render Raises $100 Million Series C Extension at $1.5 Billion Valuation to Build the Cloud for AI-Native Software
Led by Georgian, with participation from Addition, Bessemer Venture Partners, General Catalyst, and 01A, the extension brings total funding to $258 mi
Render Raises $100M at $1.5B to Build AI Agent Cloud
San Francisco-based cloud platform Render has raised $100 million in a Series C extension round, bringing its valuation to $1.5 billion and underlining growing investor confidence in infrastructure tailored for modern AI-driven development, according to company announcements and market reports. The booming cloud computing landscape, led by giants like Amazon, Microsoft, and Alphabet, has gotten […] The post Startup Render Raises $100M at $1.5B V…
Render raises $100M more for its AI-optimized cloud platform
Cloud startup Render Services Inc. today announced that it has raised $100 million from investors at a $1.5 billion valuation. The capital was provided as an extension to a Series C round the company closed last January. Both deals were led by Georgian. Render’s latest raise also included contributions from Addition, Bessemer Venture Partners, General […] The post Render raises $100M more for its AI-optimized cloud platform appeared first on Sil…
Render Secures $100 Million at $1.5 Billion Valuation to Power the AI Application Boom CWEB Business News
Render has raised $100 million at a $1.5 billion valuation to expand its cloud platform for AI application developers. More than 4.5 million developers now use Render with 250,000 joining monthly as AI-assisted coding accelerates application creation. The company will build unified AI runtime capabilities including object storage, workflow orchestration, and an AI gateway to […]
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