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

PRIVATEJun 23, 2021

Amount Raised

$102 Million

Round Type

Series C

San FranciscoInformation Technologyinformation technology & services

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

650 CALIFORNIA STREET

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.

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Vercel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.