Announced
Completed
Financials
Sources
Tags
Friendly
Venture Capital
Private
Private Equity
United States
Single Bidder
Minority
Software
Acquisition
Completed
software development
Cross Border
Synopsis
Bedrock Capital led a $102m Series C round in Vercel, a platform to develop, preview and ship websites, from single static pages to apps with billions of dynamic pages, with participation from Accel, CRV, Geodesic Capital, Greenoaks Capital, GV, 8VC, Flex Capital, GGV, Latacora, Salesforce Ventures and Tiger Global. "Vercel is leading a market transition through which we are seeing the majority of value-add in web and cloud application development being delivered at the front end, closest to the user, where true experiences are made and enjoyed. We are extremely enthusiastic to work closely with Guillermo and the peerless team he has assembled to drive this revolution forward and are very pleased to have been able to lead this round," Geoff Lewis, Bedrock Founder and Managing Partner.
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