Showing posts with label Cloudflare. Show all posts
Showing posts with label Cloudflare. Show all posts

Thursday, September 12, 2019

Cloudflare prices IPO at $15 per share.

San Francisco-based Cloudflare announced the pricing of its initial public offering of its Class A common stock at a price to the public of $15 per share.

Cloudflare is offering 35,000,000 shares of its Class A common stock, plus up to an additional 5,250,000 shares that the underwriters have the option to purchase at the initial public offering price less underwriting discounts. The shares are expected to begin trading on the New York Stock Exchange on September 13, 2019 under the ticker symbol “NET”.

The sale is expected to raise $525 million for the company.

Monday, June 24, 2019

Cloudflare adds Tencent to Bandwidth Alliance to reduce transfer fees

Cloudflare has added Tencent Cloud to its Bandwidth Alliance program.

Now, joint customers of Cloudflare and Tencent Cloud will pay zero data transfer fees for all traffic between their networks outside of China. Cloudflare has long had an international presence, with co-location facilities in more than 180 cities across more than 80 countries, including China.

“People everywhere want faster, more secure, and more reliable Internet,” said Cloudflare co-founder and CEO, Matthew Prince. “In working with Tencent, and other partners, we are better positioned to address the numerous challenges that are faced by enterprises as they expand internationally, to help users everywhere experience the best Internet possible.”

In September 2018, Cloudflare announced the Bandwidth Alliance, a group of forward-thinking cloud and networking companies that are committed to discounting or waiving data transfer fees (also known as bandwidth fees) for shared customers. The Bandwidth Alliance was launched with 10 partners, all committed to providing the most performant and cost-efficient experience for mutual customers, and has now nearly doubled to 18 partners. Tencent Cloud is a division of Tencent Holdings Limited, one of the world’s largest Internet services providers.

Tuesday, September 22, 2015

Cloudflare Raises $110 Million for Website Supercharging

Cloudflare, a start-up based in San Francisco, announced $110 million in funding from Microsoft, Google, Baidu, Qualcomm and Fidelity.

Cloudflare offers website supercharging services, including a CDN, content optimization tools, DNS, DDoS protection and analytics.

The company said it is now delivering nearly 1 trillion page views each month across 4 million Internet properties.

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