Vercel, a frontend cloud platform, secures $250million in series E round funding at a valuation of $3.25B. Accel led the round, while other current investors CRV, GV, Notable Capital (formerly GGV Capital), Bedrock, Geodesic Capital, Tiger Global, 8VC, and SV Angel also participated.
With the money, the company hopes to reach more developers, consumers, and businesses with its enterprise-grade security, AI, and frontend cloud services. It, led by CEO and Founder Guillermo Rauch, delivers a frontend cloud platform with the infrastructure and developer expertise needed to create, grow, and protect a more personalised, quicker online.
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It makes it possible for clients like Stripe, Wayfair, The Washington Post, and Under Armour to create dynamic online user experiences. It plans to invest more in developing v0, its Generative UI solution, which reduces the complexity of product creation to just defining concepts through prompts.
The business will also make investments in its Vercel AI SDK, which gives teams and developers a thorough framework for creating AI products and apps.
About Vercel
The Frontend Cloud from Vercel offers the infrastructure and developer expertise needed to create, grow, and protect a quicker, more customised Web. Vercel is used by clients including Zapier, The Washington Post, Nintendo, Under Armour, and others to create dynamic online experiences.
