Today, global cloud platform Cloudflare went public - offering 35 million shares in its initial public offering!
Cloudflare's mission is to build a better internet. To achieve this, it has built a global cloud platform that delivers network services to businesses around the world, increasing security, enhancing performance and eliminating network hardware costs.
Cloudflare counts 10% of the Fortune 1,000 as paying customers, and from 2016 to 2018, revenues more than doubled, from $84.8 million to $192.7 million. The company planned to raise $385 million in its IPO, at a market capitalisation of $3.5 billion.
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