Cloudflare prices its IPO at $15/share, raising $525M, which gives it an initial market cap of ~$4.4B, an increase of 144%+ over its last private valuation (Priyamvada Mathur/PitchBook)
Cloudflare prices its IPO at $15/share, raising $525M, which gives it an initial market cap of ~$4.4B, an increase of 144%+ over its last private valuation — Cloudflare priced its shares at $15 apiece Thursday, above the high end of its upwardly revised range, raising $525 million in the process.
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