附近上门

San Francisco-based closed a $40 million Series B, just eight months after announcing a $21 million Series A in April.

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The new round was led by , with participation from new investors , and in addition to existing investors and .

Vercel鈥檚 software development workflow and deployment platform is designed to help frontend developers improve their work environment and therefore increase the performance of sites. The platform was created by the same team that developed the open-source, front-end development web framework Next.js, which Vercel supports.

鈥淲e’ve closely tracked Vercel as we believe the future of compute will continue to move to serverless and we favor the Next.js react open-source framework that the company has pioneered and developed,鈥� said , general partner at GV.

Development during the pandemic

The company has gained traction during the pandemic, as developers have seemingly increased production as digitization has accelerated, said co-founder and CEO . The company has watched active users increase 16 percent month to month and deployment and engagements grow 27 percent month to month, he added.

鈥淲e saw dramatic growth during the coronavirus pandemic and decided the time was right to double down,鈥� Rauch said, adding that the company saw significant inbound interest from investors during its Series B raise.

While the company has competition from other startups such as , and , Rauch said Vercels鈥檚 unique relationship framework and focus on the application layer helps differentiate it from others in the market.

Vercel works with more than 4,000 organizations, including , and , Rauch said.

The future

Before co-founding Vercel, Rauch was CTO and co-founder at and , which were both acquired in 2013 by , the parent company of .

Rauch said it’s too early to tell the future of Vercel because the space is so new, but he believes it is a unique market.

鈥淲e are into this to see how big this can get,鈥� he said. 鈥淲e think we can be one of the largest software companies around.鈥�

Clark said Vercel is focused on becoming a big company in the space and has its eyes set on being a standalone company for the foreseeable future.

鈥淲e believe the growth opportunity in the space is really compelling,鈥� he said.

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