Railway, a San Francisco-based cloud platform, announced Thursday it raised $100 million in a Series B funding round led by TQ Ventures. Railway has quietly amassed two million developers without spending a dollar on marketing and is capitalizing on developer frustration with the complexity and cost of traditional platforms like Amazon Web Services and Google Cloud.
The company processes more than 10 million deployments monthly and handles over one trillion requests through its edge network, metrics that rival far larger and better-funded competitors. Railway's platform delivers deployments in under one second, fast enough to keep pace with AI-generated code, which has driven a tenfold increase in developer velocity and up to 65 percent cost savings compared to traditional cloud providers.
Railway plans to use the new capital to expand its global data center footprint, grow its team beyond 30 employees, and build what CEO Jake Cooper described as a proper go-to-market operation for the first time in the company's five-year history.
