Vercel, a San Francisco CA-based platform to develop, preview and ship websites, raised $150M in Series D funding.
The round was led by GGV Capital, with participation from existing investors Accel, Bedrock Capital, CRV, Geodesic Capital, Greenoaks Capital, GV, 8VC, Flex Capital, Latacora, Salesforce Ventures and Tiger Global, along with new investor SV Angel.
The company intends to use the funds to further scale the team globally, for research and development to drive platform innovation, and to accelerate adoption among global companies.
Led by founder and CEO Guillermo Rauch, Vercel provides a platform to develop, preview and ship websites, from single static pages to apps with billions of dynamic pages, and is the creator of Next.js, a React and JavaScript framework for frontend web development, which powers the world’s largest websites including TikTok, Hulu, GitHub, Ticketmaster, and TripAdvisor for use cases including e-commerce, travel, news and marketing.
Vercel provides 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 Vercel.
FinSMEs
25/11/2021