CloudFlare recently received a $110 million investment from big tech companies like Microsoft, Baidu, Google Capital and Qualcomm. CloudFlare is a company that provides content-delivery network to website which enables them to stay online and load quickly anywhere in the world.
According to Venture Beat, the investment came in just days after the company publicized its partnership with China's biggest search engine service Baidu. CloudFlare also announced that is has formed a partnership with cloud service provider Google Cloud Platform.
Qualcomm will provide optimized connections from CloudFlare's network to devices that use Qualcomm chips. CloudFlare is working with Baidu for large-scale Chinese Internet security. Microsoft serves as a cross-platform through its Azure cloud service in order to entice large enterprises. Google will take care of content delivery network in between its Cloud Platform servers and end users, according to PC Mag.
CloudFlare is also considering opening up partnership with tech vendors such as Alibaba and Amazon.
CloudFlare chief executive officer and cofounder Matthew Prince said in a statement, "We think the real opportunity is to take the functionality performed in a Cisco, F5, Juniper, Riverbed, or any other firewall you have out there, and provide that."
CloudFlare was founded in July 2009. The company previously raised $182 million. CEO Prince recently said that the company expects to exceed $100 million for its 2015 revenue. Prince added that he is considering going public as soon as 2017.
CloudFlare received major media attention in June 2011 when it provided online security to the infamous black hat hacker group LulzSec.