GGV Capital led a $150m Series D round in Vercel.

GGV Capital, a venture capital firm, led a $150m Series D round in Vercel, a platform to develop, preview and ship websites. Additional investors included Accel, Bedrock Capital, CRV, Geodesic Capital, Greenoaks Capital, GV, 8VC, Flex Capital, Latacora, Salesforce Ventures, Tiger Global, and SV Angel. “The speed with which both the use of our platform and this market have expanded is simply astounding, and the strong support we have seen from our investors has been a major contributor to that growth. With the web increasingly becoming the go-to platform for major app development and deployment and Next.js at the core of that movement, Vercel’s relevance and criticality only continues to grow. We look forward to using these funds to put even stronger capabilities into the hands of developers, faster. By working closely together we can continue to create the next big things," Guillermo Rauch, Vercel CEO.