Cloudflare Raises $20 Million to Bring Performance and Security to Every Website
Cloudflare Raises $20 Million to Bring Performance and Security to Every Website
Investment to Expand World-Class Team and Infrastructure
Investment to Expand World-Class Team and Infrastructure
San Francisco, CA, July 12, 2011
Cloudflare, the web performance and security company, announced today that it has raised $20 million in funding led by New Enterprise Associates (NEA). Existing investors, Venrock and Pelion Venture Partners, also participated in the Series B funding round. The company will use the financing to continue to build its world-class team and expand its infrastructure to fulfill Cloudflare’s goal of making the Internet faster and safer for everyone.
“Cloudflare is in a unique position to transform the online experience for users around the world with the rapid and widespread adoption of its platform,” said Scott Sandell, General Partner with NEA who joined Cloudflare’s Board of Directors. “They have built what is effectively an Operating System for the Internet, and they are already demonstrating that their technology can have a meaningful positive impact every day on hundreds of millions of people using the web.”
Cloudflare’s growth has been nothing short of staggering since its public launch in September 2010. Today, the service powers 7 billion page views per month, an increase of 280 percent in just the last 60 days. More than 10 percent of the Internet’s users worldwide passed through Cloudflare’s network in the last month. Cloudflare has stopped 2.1 billion attacks against its users’ websites, while legitimate visitors to those sites have collectively saved 2,000 years worth of time they would have otherwise spent waiting for pages to load.
“Cloudflare now has the team, technology, investors and resources to realize our vision of powering a faster, safer Internet,” said Matthew Prince, CEO and co-founder of Cloudflare.
With 12 data centers worldwide, Cloudflare has built an intelligent, global network that automatically optimizes the delivery of web pages so visitors get the fastest page load times and best performance. Cloudflare also stops threats and limits abusive bots and crawlers from wasting bandwidth and server resources. Cloudflare’s proprietary technology automatically detects and shares information about attacks across the community. This means that as the community of users grows, the network gets smarter and the level of protection and performance provided rises.