Railway secures $100 million to challenge AWS with AI-native cloud infrastructure
What happened
Railway , a San Francisco-based cloud platform that has quietly amassed two million developers without spending a dollar on marketing, announced Thursday that it raised $100 million in a Series B funding round, as surging demand for artificial intelligence applications exposes the limitations of legacy cloud infrastructure. TQ Ventures led the round, with participation from FPV Ventures , Redpoint , and Unusual Vent…
Summary assembled by rule from the sources below
Timeline
- First appeared on VentureBeat AIVentureBeat AI