CloudFlare Raises $110M in Venture Capital Funding

cloudflareCloudFlare, a San Francisco, CA-based Internet performance and security company, raised $110m in equity funding.

The round was led by Fidelity Management and Research Company, with participation from Google Capital, Microsoft, Baidu, and Qualcomm, through its venture investment arm Qualcomm Ventures, and existing investors New Enterprise Associates, Pelion Venture Partners, Venrock, Union Square Ventures, and Greenspring.

The company, which has raised $182m in equity funding to date, will use the funds to accelerate its customer growth, extend product ranges to meet the demands of large enterprises, and expand into new international markets.

Launched in 2009 by Matthew Prince, CEO, CloudFlare protects Internet applications from attacks with no need to add hardware, install software, or change the code. Its global network allows enterprises to deploy cloud-based firewall, load balancing, WAN optimization, distributed denial of service (DDoS) mitigation, content delivery and DNS services.
Customers include many of the world’s largest Internet properties, financial institutions and national governments.

The company also has offices in Washington, DC, London, and Singapore.



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