Vercel
| Private | |
| ISIN | 🆔 |
| Industry | Internet Technology |
| Founded 📆 | 2014 |
| Founder 👔 | Guillermo Rauch |
| Headquarters 🏙️ | , San Francisco , United States |
Area served 🗺️ | World |
Key people | Guillermo Rauch (Chief executive officer) |
| Products 📟 | Next.js |
| Members | |
Number of employees | 75[1] |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Vercel is a San Francisco-based internet technology company that designs tools for website and web app creation.
The company provides cloud-based tools and services that enable web designers and developers to create, preview, and ship websites and web apps on the Internet.[1][2]
The company was founded as ZEIT in 2015 by CEO Guillermo Rauch, who rebranded it in early 2020 as Vercel.[2]
In 2016, the company built Next.js, an open source development framework used in generating static websites.[3] Guillermo Rauch is the original author of Next.js.[1][4]
On April 21, 2020, Vercel raised $21 million in Series A funding,[2] followed by $40 million in Series B funding in December of 2020.[5] Total funding raised at that time was $61 million. On June 23, 2021, Vercel raised $102 million Series C funding.[3] On November 23, 2021, Vercel announced a round of $150 million Series D funding that put the company's valuation at $2.5 billion. Total funding at that time was $313 million.[6]
In December of 2021, Vercel acquired Turborepo, a tool that organizes source code into a single storage space that includes everything needed to build a web application. Turborepo founder Jared Palmer will become the build performance team leader at Vercel.[7][8]
References
- ↑ 1.0 1.1 1.2 Wiggers, Kyle (23 June 2021). "Vercel secures $102M to accelerate Next.js adoption". VentureBeat. Retrieved 10 October 2021.
- ↑ 2.0 2.1 2.2 Pimentel, Benjamin (4 April 2020). "The 29-year-old founder of Vercel used this pitch deck to raise $21 million from investors like Accel and GitHub's CEO to build faster websites". Business Insider. Retrieved 13 October 2021.
- ↑ 3.0 3.1 Wheatley, Mike (23 June 2021). "Vercel, creator of the Next.js React framework, raises $102M in fresh funding". SiliconANGLE. Retrieved 27 October 2021.
- ↑ MacManus, Richard (20 July 2020). "How Vercel Frees Frontend Developers from Backend Burden". The New Stack. Retrieved 20 June 2021.
- ↑ Vizard, Mike (16 December 2020). "Vercel picks up $40 million to advance React framework". VentureBeat. Retrieved 22 December 2021.
- ↑ Lardinois, Frederic (23 November 2021). "Vercel raises $150M Series D as it looks to build an end-to-end front-end development platform". TechCrunch. Retrieved 22 December 2021.
- ↑ Vizard, Mike (9 December 2021). "Vercel Acquires Turborepo to Gain Build System". DevOps. Retrieved 7 January 2022.
- ↑ Lardinois, Frederic (9 December 2021). "Vercel acquires Turborepo". TechCrunch. Retrieved 7 January 2022.
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