cloudflare -

Cloudflare reaches $1B run rate, promises $5B in 5 years. Investors? Not impressed • ZebethMedia

By zebethcontrolPosted on November 6, 2022Posted in cloudflare, earnings, EC Cloud and Enterprise Infrastructure, EnterpriseNo Comments

Cloudflare, the internet infrastructure and security company, reported earnings on Thursday, reaching a significant milestone. With almost $254 million in revenue, the company is on a run rate of over $1 billion for the first time. Revenue, which was up 47% over the previous year, also beat the street’s estimate of $250.6 million. That win […]

Could corporates be good matchmakers for startups and VCs?

By zebethcontrolPosted on October 9, 2022Posted in cloudflare, EC News Analysis, EC venture capital, Enterprise, StartupsNo Comments

Cloudflare last week announced a $1.25 billion funding program for startups that build on its software, Cloudflare Workers. But this isn’t a corporate venture fund and that sum is not company money. Rather, it’s an initiative in which the cloud infrastructure company curates a group of its startup customers and presents them to venture capitalists, […]