Vercel secures $250M Series E funding at a $3.25B valuation, led by Accel, for AI and security innovation.
Vercel, a leading Frontend Cloud platform, secured $250M in Series E funding at a $3.25B valuation, with Accel leading the round and participation from other existing investors. The company aims to accelerate AI and security innovation, delivering next-gen web experiences and applications. Vercel recently surpassed $100M in annualized revenue and has over 1M monthly active developers using its Next.js technology.
May 16, 2024
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