Cloudflare launches $1.25 bn funding program for startups on its platform

San Francisco-based cloud software company Cloudflare announced a $1.25 billion funding program to support startups and developers building applications on its Cloudflare Workers platform. Cloudflare is working with 26 venture capital partners to allocate the funds. The company said over 500,000 developers have built on its developer platform and launched more than three million applications.