Sunday, May 26, 2024
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Startup Battlefield winner Render raises $50M series B led by Bessemer Venture Partners

Cloud platform startup Render closed a $50 million series B round led by Bessemer Venture Partners. Additional participation in the round includes General Catalyst, South Park Common Fund, and Addition – all existing investors.

In contrast to its competitors, Render’s DevOps cloud platform aims to offer flexible, cheaper and simpler infrastructure. Render allows developers to focus less on server setup, deployment and scaling and more on core product development. Since launch, Render’s customer base now includes companies like Watershed and Fortune 500 companies such as Red Bull.

The SF-based company won TechCrunch Startup Battlefield at TC Disrupt 2019. The Series B has brought Render’s total raised to a total of $77.5 million.

“Funding from this round will be used to expand the platform to support the needs of larger engineering teams and double down on best-in-class workflow and tooling,” says CEO Anurag Goel.

Startup Battlefield winner Render raises $50M series B led by Bessemer Venture Partners by Neesha A. Tambe originally published on TechCrunch

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