Cloudflare, a California-based digital content delivery and Internet security company, raised its IPO price range this morning from a prior $10 to $12 interval to $12 to $14 per share. At its new prices, Cloudflare would be valued between $3.5 billion and $4.1 billion. Cloudflare's maximum IPO fund raise is now $563.5 million. Investors’ appetite for cloud offerings appears to remain robust. Ex- Oculus founder, Palmer Luckey’s new business, Anduril Industries, is building a virtual wall on the s ....

12 Sep 2019
Cloudflare prices above range; Virtual wall maker new unicorn; High speed 5G gaming
Frontier Developments Plc (FDEV:LON), 255 | Everplay Group Plc (EVPL:LON), 310 | Corero Network Security plc (CNS:LON), 16.0 | Defenx (DFX:LON), 0 | Cloudified Holdings Limited (CHL:LON), 2.2 | Gfinity PLC (GFIN:LON), 0.1 | Intercede Group plc (IGP:LON), 170 | NCC Group plc (NCC:LON), 160 | Sophos Group (SOPH:LON), 0 | Bidstack Group Plc (HHRN:BER), 0

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Cloudflare prices above range; Virtual wall maker new unicorn; High speed 5G gaming
Frontier Developments Plc (FDEV:LON), 255 | Everplay Group Plc (EVPL:LON), 310 | Corero Network Security plc (CNS:LON), 16.0 | Defenx (DFX:LON), 0 | Cloudified Holdings Limited (CHL:LON), 2.2 | Gfinity PLC (GFIN:LON), 0.1 | Intercede Group plc (IGP:LON), 170 | NCC Group plc (NCC:LON), 160 | Sophos Group (SOPH:LON), 0 | Bidstack Group Plc (HHRN:BER), 0
- Published:
12 Sep 2019 -
Author:
Kartik Swaminathan -
Pages:
5 -
Cloudflare, a California-based digital content delivery and Internet security company, raised its IPO price range this morning from a prior $10 to $12 interval to $12 to $14 per share. At its new prices, Cloudflare would be valued between $3.5 billion and $4.1 billion. Cloudflare's maximum IPO fund raise is now $563.5 million. Investors’ appetite for cloud offerings appears to remain robust. Ex- Oculus founder, Palmer Luckey’s new business, Anduril Industries, is building a virtual wall on the s ....