Tuesday, June 27, 2017

Cloudflare Launches $100M Venture Investment Fund

San Francisco-based Cloudflare announced this morning that it has launched a new, $100M investment fund, which it will invest in startups building apps that use its global infrastructure. The new Cloudflare Developer Fund is bacing backed by New Enterprise Associates (NEA), Venrock, and Pelion Venture Partners. Cloudflare said companies developing applications on its platform will have the opportunity to receive a cash investment, marketing support, and technical advice from its participating venture capital partners.