Why We Invested · Accel
Investment thesis
Accel believes Vercel can do for 11 million frontend developers what AWS accomplished for backend developers.
We believe Vercel can do for the 11 million frontend developers what AWS accomplished for backend developers.
Product
Vercel is dedicated to providing specialized tooling for frontend developers.
Vercel is dedicated to providing that tooling for frontend devs.
Vercel offers a seamless platform for creating rich frontend applications.
With Vercel, they are building a beautiful and seamless way to create rich frontend applications.
Traction
Vercel's open source framework Next.js is used by more than 300,000 developers.
Vercel is built on the success of its open source framework Next.js, used by more than 300,000 developers today.
Team
The Vercel team has a decade-long track record of creating developer tools including MooTools and Socket.io.
The Vercel team has a decade-long track record of creating amazing things that make developers more productive including MooTools and Socket.io.
Investment context
Accel led the Series A funding round in Vercel.
Today, I am happy to announce that we have led the Series A in Vercel.
What founders can learn
- The traction evidence that carried weight: Accel wrote that Vercel's open source framework Next.js is used by more than 300,000 developers.
- How the team was judged: Accel wrote that The Vercel team has a decade-long track record of creating developer tools including MooTools and Socket.io.
Source and provenance
Why We Invested published by Accel on accel.com (first-party source). Read the original