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Venture Capital News: Vercel Scoops Up $150M Series D Round

SAN FRANCISCO, CA, Vercel today announced that it has secured $150 million in Series D funding at a $2.5 billion valuation.
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 $150M in Series D funding at a $2.5B valuation. 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 new funding, which brings the total raised to $313M, will be used to further scale the Vercel team globally, for research and development to drive platform innovation, and to accelerate adoption among the world's biggest companies.

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.
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