Cloudflare may be preparing an IPO led by Goldman Sachs for the first half of 2019 that could value the company at $ 110 , according to sources. The website security firm, whose cloud-based service helps to improve online loading speeds while also offering added protection against cyber attacks, raised $ 110 m from companies including Goldman Sachs and CrowdStrike in the first half of 2019 . Despite a recent pullback in the major indexes of public equity markets, such as the S&P 500, technology firms are increasingly ramping up efforts to tap those markets while interest rates remain low and valuations of private companies are relatively high. The news followed recent reports that rival security software firm CrowdStrike is also preparing an IPO led by Microsoft , which could value it at over $3bn.
Cloudflare may be preparing an IPO led by Goldman Sachs for the first half of 2019 that could value the company at $ 110 , according to sources. The website security firm, whose cloud-based service helps to improve online loading speeds while also offering added protection against cyber attacks, raised $ 110 m from companies including Goldman Sachs and CrowdStrike in the first half of 2019 . The news followed recent reports that rival security software firm CrowdStrike is also preparing an IPO led by Microsoft , which could value it at over $3bn.