We're using the funding to:
- Support open-source projects
- Make the Web Edge-first
- Build the end-to-end development platform
- Grow our team
Happy to dive further into any of these. We did raise our Series C in June: https://vercel.com/blog/series-c-102m-continue-building-the-....
Vercel is great!
Any plans to have some kind of DB or object storage?
:)
Re:Vercel raises $150M Series D
by halfmatthalfcat on Tuesday November 23, 2021 @10:58AM
(#29319300)
How can you possibly make the entire Web edge first? Would a precondition not be to capture all of the web traffic through Vercel first?
Why did you jump the question above this asking for concrete numbers on open source support? I’m interested in this as well
I answered :) https://news.ycombinator.com/item?id=29318420
As noted in reply to that comment you skipped the part that is really the meat of the question.
We do direct donations to open source projects through OpenCollective, GitHub Sponsors, and more. Sorry that wasn't more clear!
Re:Vercel raises $150M Series D
by outside1234 on Tuesday November 23, 2021 @09:51AM
(#29318425)
What do you mean by edge first?
We believe the future of the frontend is "at the edge"[1], meaning it's as close to your customers as physically possible. The only way to beat the speed of light is to be closer[2]. Frameworks and tooling should be designed with this constraint from the start[3].
[2] https://rauchg.com/2014/7-principles-of-rich-web-application...
Re:Vercel raises $150M Series D
by machiaweliczny on Tuesday November 23, 2021 @02:52PM
(#29322462)
My out of ass opinion. This edge stuff could be nice if only there was some good DB that utilised this model. Then we could have simple to write/work web apps competitive with mobile (if only Safari supported preload)
Planet Scale is probably the closest to what you're describing here.
They gave CDN a new name to milk venture capitalists.
To me, the difference between a CDN and an Edge Network is that the former is for hosting static assets, where as the latter is for both storage _and_ code execution.
The three major CDNs (Akamai, Cloudflare and Fastly) all support code execution at the edge, and all have (or will have) storage at the edge too
There's also a real question of whether Vercel and Netlify are really at the edge when they’re mainly running in AWS, GCP etc data centers rather than deploying their own hardware at edge locations, ISPs etc.
Don't get me wrong I think Vercel and Netlify are interesting but they seem to talk about being ‘on the edge’ while they really aren’t ATM
So what are your plans for this funding? I know that Vercel just raised $100M a few months ago (it seems).