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Venture Capital News: Vercel Announces $40M in Series B

SAN FRANCISCO, CA, Vercel has secured $40M in Series B funding in a round led by GV.
Frontend development startup Vercel, 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 brings the total raised to $61M.

Vercel is transforming web development by modernizing how frontend teams develop, preview and ship JavaScript. Founded and backed by executives and investors behind JavaScript's most widely used framework (Next.js) and library (React), Vercel gives developers the scale, reliability and performance benefits they need to focus on delighting their users.
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