Tech Company Financing Transactions
Vercel Funding Round
Vercel closed a $150 million Series D funding round on 11/24/2021. Backers included GGV Capital, 8VC and Accel Partners.
Transaction Overview
Company Name
Announced On
11/24/2021
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series D
Investors
GGV Capital (Lead Investor) (Glenn Solomon)
GV (Tyson Clark)
Proceeds Purpose
Vercel plans to use the new funding to hire across teams, but especially to expand its go-to-market efforts.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1046 Kearny St.
San Francisco, CA 94133
USA
San Francisco, CA 94133
USA
Phone
Undisclosed
Website
Email Address
Overview
We enable front-end teams to develop, preview, and ship wonderful things. We're the creators of Next.js, the world's favorite React framework, and we're building the best tools and workflow for Jamstack apps. We are backed by the amazing team at Accel and CRV, and we're headquartered in San Francisco.
Management Team
Title
Name
Email & Social
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