logo
logo

Vercel Announces $102M In Series C Funding To Scale Team Globally And Accelerate Innovation And Adoption Of Leading Frontend Development Platform

Jun 23, 2021•about 4 years ago

Amount Raised

$102 Million

Round Type

series c

San Francisco

Description

Vercel, a platform to develop, preview and ship websites, from single static pages to apps with billions of dynamic pages, and creator of Next.js, the leading React and JavaScript framework for frontend web development, today announced that it has secured $102M in Series C funding in a round led by Bedrock Capital with participation from existing investors Accel, CRV, Geodesic Capital, Greenoaks Capital and GV. New investors include 8VC, Flex Capital, GGV, Latacora, Salesforce Ventures and Tiger Global. The new funding, which brings the total raised to $163M, will be used to scale the Vercel team globally, accelerate research and development, drive platform innovation and accelerate adoption. Companies including Carhartt, Github, IBM, McDonald’s, Uber, Facebook and many others deploy their frontends with the Vercel platform.

Company Information

Company

Vercel

Location

San Francisco, California, United States

About

Vercel is the leading advocate and enabler of frontend developer experience, having created the best platform to deploy any frontend website or application, and Next.js, the most popular React framework. Vercel provides unsurpassed vertical integration, from developer experience to edge delivery, with the industry’s most advanced development tools paired with parallel compute in a serverless cloud environment providing a fully-managed, highly-automated experience for both developers and users. Companies including Carhartt, Github, Hulu, IBM, McDonald’s, Uber and Facebook deploy their frontends with the Vercel platform. Vercel (Twitter @vercel) is headquartered in San Francisco.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech