Cloudflare Sets IPO Price Range, Seeking $3.5 Billion Valuation
Source:The Information
Source:The Information
Cloudflare plans to sell 35 million shares at a range of $10 to $12 a share in its IPO later this month, which would value the content delivery network and security company as high as $3.5 billion, according to an updated S-1 filing . That would be a modest uptick from the $3.2 billion valuation Cloudflare had after its Series E funding round in March. It seems likely that Cloudflare will have