VV124 (UGC 4879) is an isolated, dwarf irregular/dwarf spheroidal (dIrr/dSph) transition-type galaxy at a distance of 1.36 Mpc. Previous low-resolution spectroscopy yielded inconsistent radial velocities for different components of the galaxy, and photometry hinted at the presence of a stellar disk. In order to quantify the stellar dynamics, we observed individual red giants in VV124 with the Keck/DEIMOS spectrograph. We validated members based on their positions in the color-magnitude diagram, radial velocities, and spectral features. Our sample contains 67 members. The average radial velocity is v r = −29.1 ± 1.3 km s −1 , in agreement with the previous radio measurements of H I gas. The velocity distribution is Gaussian, indicating that VV124 is supported primarily by velocity dispersion inside a radius of 1.5 kpc. Outside that radius, our measurements provide only an upper limit of 8.6 km s −1 on any rotation in the photometric disk-like feature. The velocity dispersion is σ v = 9.4 ± 1.0 km s −1 , from which we inferred a mass of M 1/2 = (2.1 ± 0.2) × 10 7 M ⊙ and a massto-light ratio of (M/L V ) 1/2 = 5.2 ± 1.1 M ⊙ /L ⊙ , both measured within the half-light radius. Thus, VV124 contains dark matter. We also measured the metallicity distribution from neutral iron lines. The average metallicity, [Fe/H] = −1.58 ± 0.06, is consistent with the mass-metallicity relation defined by dwarf spheroidal galaxies. The dynamics and metallicity distribution of VV124 appear similar to dSphs of similar stellar mass.