CloudFlare – another $1 billion valuation?

With the recent purchase of Instagram by Facebook for a cool $1 billion dollars, the tech world has once again proven that despite any recessions, there is still money in the tech/smart economy.  

‘CloudFlare’ – which is a San Francisco based startup is also reported to be in talks to raise funding which would increase their valuation to a cool $1 billion dollars.  This is being reported by multiple sources close to the discussions.  

Cloudflare itself provides protection for websites from threats to their security along with increasing how quickly their websites loads.  

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