intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Render Secures $80M Series C Funding to Bring The Next Billion Applications Online

Render Secures $80M Series C Funding to Bring The Next Billion Applications Online

February 6, 2025 Craig Etkin

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.

January 21, 2025 11:00 AM Eastern Standard Time

SAN FRANCISCO–(BUSINESS WIRE)–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.

“It is the beginning of the end of cloud management”Post this

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:

  • Rapid Deployment: Allows developers to go from code to production in minutes, not days or weeks.
  • Scalability Without Complexity: Scales automatically without the need to understand Kubernetes or other complex cloud systems.
  • Cost Reduction: Significantly reduces the need for specialized DevOps personnel, automates deployment and scaling, and offers a free tier for startups and individuals
  • Increased flexibility: Supports virtually any application architecture, language, or framework allowing developers to choose the best tools for their projects without constraints.

“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.

Contacts

Media Contact:
Wilson Craig
SVP/GM
Mindshare PR
wilson@mindsharepr.com
408-516-6182

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Render, San Francisco, Venture Capital

Post navigation

NEXT
StructuredWeb Secures $30 Million From Invictus Growth Partners to Drive AI-Enabled Channel Sales and Marketing
PREVIOUS
Axoflow Raises $7M Seed Round Led by EBRD to Unlock High Quality Security Data and Reduce SIEM Costs
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
Load More... Subscribe

Categories

Recent Posts

  • Bespoken Spirits Announces Successful Close of Series-C Funding Round June 9, 2025
  • Bito Raises $5.7M Seed Extension to Expand AI Code Review Platform with Codebase Awareness June 9, 2025
  • Pillar Biosciences Raises $34.5M in Funding June 9, 2025
  • CloudZero Raises $56M Series C To Redefine Cloud Cost Optimization In The AI Era June 9, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.