Render Closes $20 Million Series A

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Frender&period;com&percnt;2F&amp&semi;esheet&equals;52535725&amp&semi;newsitemid&equals;20211122005254&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Render&amp&semi;index&equals;1&amp&semi;md5&equals;5b622046d2efc1bd6e0ebd9ecd8b5248" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Render<&sol;a>&comma; which operates a Zero DevOps Cloud Platform&comma; has closed its &dollar;20 million Series A investment round led by Addition&comma; with participation from existing investors <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;generalcatalyst&period;com&percnt;2F&amp&semi;esheet&equals;52535725&amp&semi;newsitemid&equals;20211122005254&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;General&plus;Catalyst&amp&semi;index&equals;2&amp&semi;md5&equals;1580c1d6037c847b078fbbab76c457fb" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">General Catalyst<&sol;a> and the <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;southparkcommons&period;com&percnt;2F&amp&semi;esheet&equals;52535725&amp&semi;newsitemid&equals;20211122005254&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;South&plus;Park&plus;Commons&amp&semi;index&equals;3&amp&semi;md5&equals;758510ab5a58d85c942c8fae6d95a832" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">South Park Commons<&sol;a>&period; This brings Render’s total funding to &dollar;26&period;75 million&period;<&sol;p>&NewLine;<p>Render offers a Zero DevOps Cloud Platform to developers and companies like Anker&comma; Cypress&period;io&comma; and Clearbit&comma; helping customers avoid overly-complex cloud offerings and wasteful DevOps spending&comma; and enabling them to build better products faster&period; The platform allows for instant setup and usability&comma; along with the customization and flexibility of containerization technology so that teams can focus on product development instead of server management&period; While the Big 3 cloud offerings require expensive and scarce DevOps resources to manage&comma; Render offers simplicity and ease&comma; at a fraction of the cost&period;<&sol;p>&NewLine;<p>With tens of thousands of developers and businesses on the platform&comma; serving four billion requests a month&comma; Render’s technology is particularly crucial for startups attempting to circumvent the rising costs of DevOps talent – which often cost more than the cloud services they manage&period; Last year&comma; U&period;S&period; businesses spent &dollar;78 billion on DevOps salaries&comma; over &dollar;13 billion more than the worldwide spend on public cloud providers &lpar;&dollar;65 billion&rpar;&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We’ve built a cloud platform from the ground up and are already pulling ahead of providers that have been around for 15 years&comma; due to our focus on modern app development&comma; our ability to quickly adapt to market trends&comma; and our inherent understanding of developers wants and needs&comma;” said Anurag Goel&comma; CEO of Render&period; &OpenCurlyDoubleQuote;From helping startups kick-start their DevOps journey to empowering large teams to automate Day 2 operations and gain insight into their infrastructure&comma; Render is focused on delivering on an ambitious product roadmap and cementing our place as the platform of choice for developers and cloud-native businesses alike&period;”<&sol;p>&NewLine;<p>The Series A funding will help to expand Render’s employee base by 3X by the end of next year&comma; with a focus on product and business growth&period; Responding to users&&num;8217&semi; biggest request to improve end-user latency in more geographic regions&comma; Render will use the investment to expand data center presence in both the U&period;S&period; and EMEA&comma; while also launching hosting regions in APAC&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Render allows companies to optimize two crucial and ever-competing resources – time and talent – in a way that empowers them to ship better products faster with the control and customization that successful businesses need&comma;” said Lee Fixel&comma; Founder&comma; Addition&period; &OpenCurlyDoubleQuote;We’re excited to support Render as they continue to eliminate wasteful DevOps spending and improve the developer experience&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;As our team grew to more than 20 developers&comma; Heroku became too limiting and expensive&comma;” said Graham Melcher&comma; co-founder and CTO of Hint Health&comma; a leading provider of primary care management software&period; &OpenCurlyDoubleQuote;But AWS did not have the features we needed and we didn’t want to sacrifice product engineering bandwidth to work on managing infrastructure on AWS&period; Our developers are incredibly picky when it comes to cloud infrastructure&comma; and Render checked all the boxes for us&period;”<&sol;p>&NewLine;<p>The funding will also support Render adding new&comma; free offerings to its platform&period; Designed for smaller projects and proofs of concept&comma; the free offerings will allow individual developers and hobbyists to utilize the ease and convenience of the platform which can scale as their needs evolve&period;<&sol;p>&NewLine;