4 ms·
Ya although $162M is not that much, barely a mark-up from the last round
by enigmatic02 5y ago
Ya although $162M is not that much, barely a mark-up from the last round
- simonsarris 5y agoWell it's a 50% stock deal and Cloudflare's stock is a tad down from their high, too.
- tick_tock_tick 5y agoThe whole SAAS sector have gotten killed lately. If Area 1 wanted an public exit via IPO they'd probably have received the same reduction in valuation. It's an odd time for an exit with how the market has been.
- lsh123 5y agoTotal funding for Area 1 according to Crunchbase is $82M. Employees probably got next to nothing except retention bonus from Cloudflare.
- weird-eye-issue 5y agoGood thing employees get paid a salary