SAN FRANCISCO, March 13 (Bernama-BUSINESS WIRE) — Cloudflare, the leading Internet performance and security company, today announced that it raised $150 million in its latest round of funding, led by Franklin Templeton. The company is also announcing two appointments to its board of directors, Stan Meresman, former CFO of Silicon Graphics, and Maria Eitel, founder and co-chair of the Nike Foundation.
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, Qualcomm, and Fidelity. Franklin Templeton joins these investors leading this latest round of funding, which will be used to support Cloudflare’s growth, extend product ranges, and continue its international expansion into new markets.
