Cloudflare

Summary ipo Updated Mar 20, 2026

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Location San Francisco, CA
Founded 2009
Latest Stage IPO
Total Raised $332M
Website https://cloudflare.com
Sector
cybersecurity infrastructure cdn cloud

Investors

Scott Sandell ~2010 (2010)
Fred Wilson 2011 (2011)
Laela Sturdy Series D (2014)
Y Combinator seed (2009)
New Enterprise Associates (NEA) ~2010 (2010)
Union Square Ventures 2011 (2011)
CapitalG Series D (2014)

Founders

Matthew Prince CEO & Co-Founder
Michelle Zatlyn President & Co-Founder
Lee Holloway Co-Founder

About

Cloudflare is a web infrastructure and cybersecurity company founded in 2009 by Matthew Prince, Michelle Zatlyn, and Lee Holloway 1. The company provides content delivery network, DDoS mitigation, and internet security services. Cloudflare launched publicly at TechCrunch Disrupt in September 2010 1. The company went public on the New York Stock Exchange on September 13, 2019 2.

Funding History

Date Round Amount Lead Co-investors
Nov 2009 Series A $2.1M Venrock Pelion Venture Partners 1
Jul 2011 Series B $20M New Enterprise Associates Venrock, Pelion Venture Partners 3
Dec 2012 Series C $50M Union Square Ventures Greenspring Associates, NEA, Pelion Venture Partners, Venrock 4
Sep 2015 Series D $110M Fidelity Venrock, Union Square Ventures, Qualcomm Ventures, Pelion Venture Partners, NEA, Greenspring Associates, CapitalG, Baidu, Microsoft 5
Mar 2019 Series E $150M Franklin Templeton NEA, Union Square Ventures, Venrock, Pelion Venture Partners, Greenspring Associates, CapitalG, Microsoft, Baidu, Qualcomm, Fidelity 6
Sep 2019 IPO — — NYSE: NET 2

What Investors Say

Scott Sandell, General Partner at NEA, said at the time of the Series B: “Cloudflare is in a unique position to transform the online experience for users around the world” 3.

What Founders Say

No independently sourced founder testimonials found.

Sources

  1. “Cloudflare Inc.,” JRank Reference, accessed March 2026. https://reference.jrank.org/histories/Cloudflare_Inc.html↩↩↩

  2. Cloudflare, Tracxn company profile, accessed March 2026. https://tracxn.com/d/companies/cloudflare/__IL42hIOXmhTb0V8Oh8yXCcrIq4P15QTAj0oBxVCSuKw↩↩

  3. “Cloudflare Raises $20 Million,” Cloudflare press release, July 12, 2011. https://www.cloudflare.com/press/press-releases/2011/cloudflare-raises-usd20-million-to-bring-performance-and-security-to-every/↩↩

  4. “CloudFlare Reveals $50M Round From Union Square Ventures,” TechCrunch, December 17, 2013. https://techcrunch.com/2013/12/17/cloudflare-reveals-50m-round-from-union-square-ventures/↩

  5. “CloudFlare Brings In $110M Financing,” PitchBook, accessed March 2026. https://pitchbook.com/newsletter/cloudflare-brings-in-110m-financing↩

  6. “Cloudflare Raises $150M and Adds to Board of Directors,” Cloudflare press release, March 12, 2019. https://www.cloudflare.com/press/press-releases/2019/cloudflare-raises-usd150m-and-adds-to-board-of-directors/↩