GV, Latacora and Salesforce Ventures have returned to back the app development software provider’s latest round, which closed at a $2.5bn valuation.
US-based app development platform operator Vercel secured $150m yesterday in a series D round featuring cybersecurity services provider Latacora, internet and technology conglomerate Alphabet and enterprise software provider Salesforce.
Venture capital firm GGV Capital led the round, which included Accel, Bedrock Capital, CRV, Geodesic Capital, Greenoaks Capital, 8VC, Flex Capital, SV Angel and Tiger Global Management.
The round took the company’s overall funding to $313m and valued it at $2.5bn. Alphabet and Salesforce participated through corporate venturing subsidiaries GV and…
