What is Cloudflare?
Founded in 2009 and headquartered in San Francisco, CA, Cloudflare operates as a critical provider of web infrastructure and website security. The company's core offerings are designed to enhance the performance, reliability, and security of websites and online applications globally. By leveraging its extensive network, Cloudflare offers services such as content delivery network (CDN) capabilities to speed up website loading times, robust DDoS mitigation to protect against online attacks, and comprehensive Internet security solutions. Its distributed domain name server services ensure high availability and resilience for its clients' online presence. Cloudflare's mission is to help build a better internet by making it more secure, performant, and reliable for everyone.
How much funding has Cloudflare raised?
Cloudflare has raised a total of $1.5B across 6 funding rounds:
Series A
$2M
Series B
$20M
Series C
$50M
Series D
$110M
Unspecified
$150M
Stock Offering
$1.1B
Series A (2009): $2.1M with participation from Pelion Venture Partners and Venrock
Series B (2011): $20M led by Venrock, Pelion Venture Partners, and New Enterprise Associates
Series C (2013): $50M supported by Greenspring Associates, Venrock, Union Square Ventures, and Pelion Venture Partners
Series D (2015): $110M featuring Venrock, Baidu, Fidelity Investments, Microsoft Accelerator, CapitalG, Union Square Ventures, Greenspring Associates, Qualcomm Ventures, and Pelion Venture Partners
Unspecified (2019): $150M backed by Franklin Templeton Investments
Stock Issuance/Offering (2021): $1.1B, investors not publicly disclosed
Key Investors in Cloudflare
Venrock
Venrock is a historic venture capital firm founded in 1969, known for its entrepreneurial support and strategic guidance in technology and healthcare ventures.
Pelion Venture Partners
Pelion Venture Partners manages a portfolio of funds, focusing on investment solutions and supporting clients in achieving their financial objectives through managed fund approaches.
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm established in 1977, focused on partnering with entrepreneurs to build businesses.
What's next for Cloudflare?
With its substantial enterprise-level backing and recent strategic investment, Cloudflare is well-positioned for its next phase of growth. The company's focus on expanding its security and performance offerings, particularly in areas like Zero Trust security and edge computing, is likely to be a key driver. Future investments may target further network expansion, research and development into emerging threats and technologies, and strategic acquisitions to enhance its product portfolio. The ongoing capital infusion signals strong investor confidence in Cloudflare's ability to maintain its leadership in the competitive web infrastructure and cybersecurity markets, potentially paving the way for future public market activities or continued strategic partnerships.
See full Cloudflare company page
