/plushcap/analysis/cloudflare/why-we-raised-110m-from-fidelity-google-microsoft-baidu-and-qualcomm

Why we raised $110m from Fidelity, Google, Microsoft, Baidu and Qualcomm

What's this blog post about?

In this text, Joshua Motta discusses the rapid growth of CloudFlare since its founding in 2009. The company has grown from a team of 37 to over 200 and expanded its network presence to 62 cities across 33 countries. In 2016 alone, they plan to more than double their global presence and increase the size of their network by an order of magnitude. To support this growth, CloudFlare has raised $110 million from investors including Fidelity, Google, Microsoft, Baidu, and Qualcomm. The company is pioneering a shift at the network edge, moving away from hardware appliances in favor of cloud-based services that can accelerate, secure, and ensure the availability of applications with blazing fast speed, absolute elasticity, and an enormous return on investment compared to hardware based solutions. CloudFlare's vision is to become the new control plane for the network edge, and they are looking for feedback and new team members to help achieve this goal.

Company
Cloudflare

Date published
Sept. 22, 2015

Author(s)
Joshua Motta

Word count
1322

Language
English

Hacker News points
None found.


By Matt Makai. 2021-2024.