Vercel raises $102m in series C

Jun 25, 2021 • Alessia Argentieri

GV, Latacora and Salesforce Ventures helped the app development technology provider close its latest round, which will support hiring and research and development.

US-based application development software provider Vercel secured $102m on Wednesday in a series C round featuring internet and technology group Alphabet, enterprise software producer Salesforce and cybersecurity software provider Latacora.

The investment was led by investment firm Bedrock Capital with participation from Tiger Global Management, Accel, CRV, Geodesic Capital, Greenoaks Capital, 8VC, Flex Capital and GGV Capital, while Alphabet and Salesforce invested through GV and Salesforce Ventures respectively.

Vercel has built a software platform that enables users to create and…

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