Cloudflare Raises $150 Million, Probably Delaying Rumored IPO


cloudflare.com logo!Mar 14, 2019 - Global CDN technology company Cloudflare raised $150 million in its latest round of funding, led by Franklin Templeton. This new funding round for Cloudflare likely delays the initial public offering (IPO) it had planned for the first half of 2019. The $150 million in funding would give Cloudflare some extra time to strengthen its balance sheet before hitting the stock market.

Cloudflare last raised funding in 2014, closing a round of $110 million. To date, Cloudflare has raised more than $330 million from investors including New Enterprise Associates, Union Square Ventures, Venrock, Pelion Venture Partners, Greenspring Associates, CapitalG (formerly Google Capital), Microsoft, Baidu, [...][... Check source for end of article ...]
Tags: CDN Hosting News cdn CDN technology cloudflare ipo internet performance internet security Maria Eitel Matthew Prince Stan Meresman

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Company: Cloud Flare

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