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Vercel Announces $40M in Series B Funding to Fuel Frontend Development Inno

4 years ago devops.com

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By Deborah Schalm on December 16, 2020Leave a CommentGV-led round will be used to accelerate adoption and expand hybrid platform for development and deployment of any dynamic website or application SAN FRANCISCO – December 16, 2020 – Frontend development pioneer Vercel today announced that it has secured $40M 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. The new funding, which brings the total raised to $61M, 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.

Vercel is now the preferred frontend development platform, capable of providing dynamic web application experiences for growing legions of Javascript developers.

Vercel is the leading advocate and enabler of frontend developer experience, having created Next.js, the most popular React framework available, and Vercel, the best platform to build and deploy any frontend website or application.

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