What is Cloudflare?
Founded in 2009 and headquartered in San Francisco, CA, Cloudflare operates as a critical web infrastructure and website security company. It provides a suite of services including content delivery network (CDN) capabilities, Distributed Denial of Service (DDoS) mitigation, and distributed domain name server services. Cloudflare's mission is to help build a better internet by making it faster, more secure, and more reliable for businesses and users worldwide. Its comprehensive platform addresses the evolving challenges of online threats and performance demands, positioning it as a leader in the cybersecurity and web performance sectors.
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 Venrock and Pelion Venture Partners
Series B (2011): $20M led by Pelion Venture Partners, New Enterprise Associates, and Venrock
Series C (2013): $50M supported by Pelion Venture Partners, Venrock, Greenspring Associates, and Union Square Ventures
Series D (2015): $110M featuring Microsoft Accelerator, CapitalG, Fidelity Investments, Qualcomm Ventures, Greenspring Associates, Pelion Venture Partners, Venrock, Union Square Ventures, and Baidu
Unspecified (2019): $150M backed by Franklin Templeton Investments
Stock Issuance/Offering (2021): $1.1B, investors not publicly disclosed
Key Investors in Cloudflare
Microsoft Accelerator
Microsoft Accelerator is a global program designed to empower startups by providing them with essential tools, resources, and expertise to scale their businesses and mature into enterprise-ready companies.
CapitalG
CapitalG is Alphabet's independent growth fund that invests capital and expertise in growth-stage companies, offering operational support and strategic guidance to accelerate their expansion.
Franklin Templeton Investments
Franklin Templeton is a global investment management organization providing a wide range of financial services and investment resources to individuals and institutions worldwide.
What's next for Cloudflare?
With substantial enterprise-level backing and a recent strategic investment, Cloudflare is poised for accelerated growth and market penetration. The company's trajectory suggests a focus on expanding its global network, enhancing its security and performance solutions, and potentially exploring new service verticals. This significant capital will likely support further research and development, strategic acquisitions, and scaling its operations to meet increasing global demand for robust internet infrastructure and cybersecurity. Cloudflare's continued ability to attract major investment highlights its strong market position and the critical nature of its services in today's digital landscape.
See full Cloudflare company page