- Vercel – a frontend development pioneer – announced that it has raised $40 million in series B funding in a round led by GV
Vercel – a frontend development pioneer – announced that it has raised $40 million in series B funding in a round led by GV with participation from new investors Greenoaks Capital, Bedrock Capital, and Geodesic Capital in addition to existing investors Accel Partners and CRV. And the new funding round – which brings the total raised to $61 million will be used to accelerate research and development, drive platform innovation, and scale its team globally to further accelerate frontend developers’ ability to enrich end-users’ web experiences. And companies including Airbnb, HashiCorp, and TripAdvisor deploy their frontends with the Vercel platform.
The company provides a software development workflow and deployment platform that redefines how developers work, how they collaborate with lines of business, and how their sites perform. And the leading advocate and enabler of frontend developer experience and the creator of Next.js (the first hybrid framework to succeed at scale), Vercel uniquely handles the needs of both static and dynamic websites and applications. And hybrid applications also give users all the capabilities and benefits of a static generator while providing the flexibility of server-side rendering or streaming server-side rendering for additional personalization within the same application.
Plus Vercel is the leading advocate and enabler of frontend developer experience, having created Next.js (the most popular React framework available) and Vercel (platform to build and deploy any frontend website or application). And Vercel provides unsurpassed vertical integration, from developer experience to edge delivery, with 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 like Airbnb, HashiCorp, and TripAdvisor deploy their frontends with the Vercel platform.
KEY QUOTES:
“Since our inception, Vercel has been focused on creating the most powerful way to develop, preview and ship interactive web applications without having to depend on monolithic backend systems. Vercel is now the preferred frontend development platform, capable of providing dynamic web application experiences for growing legions of Javascript developers. We are extremely pleased to have partnered with GV, whose experience in this space will help us grow as a company, rapidly expand our user base and ensure ever-higher quality of user experiences globally in the coming months.”
– Guillermo Rauch, CEO of Vercel
“We see a significant uptick in the number of global enterprises transitioning from cloud to serverless computing technologies. This opens the door for companies like Vercel to transform the frontend development market. Vercel’s collaborative approach to interactive web applications is well-positioned to become the top choice for developing websites over the next decade.”
– Tyson Clark, GV general partner
