Vercel achieves $3.25B valuation in Accel-led Series E funding round, continuing to serve as the leading platform for building the web’s best products
Vercel, the leading Frontend Cloud platform, raises $250M in Series E funding, reaching a valuation of $3.25B. Spearheaded by Accel and joined by other notable investors, this investment underscores Vercel's commitment to revolutionizing web development and AI-driven digital experiences.
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Market Leadership and Momentum:
- Vercel's Frontend Cloud platform automates infrastructure, empowering companies like Under Armour, Unity, and Nintendo.
- Surpasses $100M in annualized revenue with Next.js technology, catering to over 1 million monthly active developers.
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Strategic Investment Areas:
- Enhancing Frontend Cloud capabilities with AI and enterprise-grade security.
- Investment in v0, a Generative UI product simplifying product creation via AI prompts.
- Development of Vercel AI SDK for building AI applications and products.
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Focus on Enterprise Security:
- Strengthening enterprise-grade security to protect applications and products.
- Mitigating nearly one billion threats weekly and investing in advanced security capabilities.
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CEO and Investor Perspectives:
- Guillermo Rauch, CEO and Founder of Vercel, highlights the company's mission to enable dynamic digital experiences securely.
- Dan Levine, partner at Accel, praises Vercel's vision and track record in driving revenues and pioneering AI in web development.
Vercel's latest funding round accelerates its mission to empower developers with innovative Frontend Cloud solutions. With a focus on AI-driven development and enterprise-grade security, Vercel is poised to redefine web development standards and shape the future of digital experiences.