San Francisco cloud startup Render raises $100M at $1.5B valuation; revenue up 100%+ as AI chatbots drive developers to deploy apps on easy-to-use infrastructure alternative to AWS, Heroku

Cloud startup Render raises funding at $1.5 billion valuation as AI-built apps boom

Render employees, including CEO Anurag Goel, center, gather at the startup's headquarters in San Francisco on Feb. 11, 2026.RenderVenture capitalists are doubling down on Render, a startup offering easy-to-use cloud infrastructure. On Tuesday it said it has raised $100 million in funding at a $1.5 billion valuation.The lucrative cloud computing world, dominated by Amazon, Microsoft and Alphabet, has become more competitive since the arrival of OpenAI's ChatGPT assistant in 2022. Companies such a...