Web development software startup Vercel has doubled its valuation to US$2.5 billion after raising US$150 million in its latest funding round. The San Francisco-based company said on Tuesday the fundraise was led by GGV Capital, while Accel, Tiger Global, and Salesforce Ventures also participated in the round. The fresh funds come five months after the operator of a front-end stack for web developers gained a valuation https://vercel.com/blog/series-c-102m-continue-building-the-next-web of more than US$1 billion in its previous fundraising. It has raised US$313 million in total.