Railway secures $100 million to expand AI-ready cloud platform

Railway, a San Francisco-based full-stack cloud platform that has grown to two million developers without marketing, announced Thursday that it landed $100 million in Series B funding to scale its sub-second deployment platform amid rising demand for speed and efficiency in software development.

The funding round was led by TQ Ventures and included participation from FPV Ventures, Redpoint, and Unusual Ventures. Prior to this round, the company had raised a total of $24 million, including a $20 million Series A from Redpoint in 2022.

Improvements in AI coding are forcing developers to reconsider deployment strategies, as traditional cloud infrastructure struggles to match the speed required by modern workflows, said Railway CEO Jake Cooper in a statement.

Railway now delivers deployments in under one second, with clients reporting faster development cycles and lower costs.

The company processes millions of deployments monthly, serves enterprise customers including Fortune 500 firms, and has grown tens of millions in revenue with only 30 employees.

The new funding will support global infrastructure growth, team expansion, and Railway’s first organized go-to-market strategy as it seeks to redefine cloud development for the AI era.