Alphabet, Baidu, Microsoft and Qualcomm all notched up exits as the cloud services provider floated above a range that had already been increased.
Cloudflare, the US-based cloud services provider backed by corporates Microsoft, Alphabet, Baidu and Qualcomm, went public on Friday in a $525m initial public offering.
The offering consisted of 35 million shares issued on the New York Stock Exchange priced at $15.00 each. The company increased the IPO’s range from $10 to $12 to $12 to $14 on Wednesday last week but still floated above its range.
Cloudflare offers a range of services for web property operators that helps them…
