Cloudflare Raises $150M and Adds to Board of Directors Mar 12, 2019 Founder and co-chair of Nike Foundation, Maria Eitel, and Stan Meresman Join Cloudflare Board
Cloudflare, the leading Internet performance and security company, today announced that it raised $150 million in its latest round of funding, led byFranklin Templeton. The company is also announcing two appointments to its board of directors, Stan Meresman, former CFO of Silicon Graphics, and Maria Eitel, founder and co-chair of the Nike Foundation who is married to Peter Buffett, son of WARREN BUFFETT.
Eitel served as the president and CEO and is now the co-chair of the Nike Foundation and chair of Girl Effect, an independent nonprofit created by Nike in 2008 to focus on ending poverty globally. Eitel joined Nike in 1998 as its first vice president of corporate responsibility. She previously ran European corporate affairs for Microsoft and worked in media affairs at the White House, where she was a special assistant to President George H.W. Bush.
"My career has been focused on creating global change, and the Internet is a huge part of that," said Eitel. "The Internet has the ability to unleash human potential, and I believe that =Cloudflare is one of the major players able to drive the change that's necessary for the world and Internet community."