DevOps cloud platform Render announced that it closed a $20 million Series A funding round. It was led by Addition alongside existing investors General Catalyst and South Park Commons.
After seeing strong inbound interest on the heels of Disrupt, in October 2020, Render announced its last raise – a seed round for $4.5 million. The latest round brings the startup’s total funding to $26.75 million.
The San-Francisco based company will use the proceeds to triple its employee base by the end of 2022. However, the focus is concentrated on product and customer growth. The company also plans to expand its data center footprint globally to at least 10 new regions in 2022 to improve latency, launching for the first time in both APAC (Asia Pacific) and EMEA (Europe, Middle East and Africa).
Some of the new features the company plans to roll out are a free plan for web services and databases to increase access to its product, as well as built-in DDoS (Distributed Denial of Service) protection for its customers.