Cloudflare's Workers Launchpad Funding Program grows

Cloudflare announced today that:

The Workers Launchpad Funding Program has grown to $2 billion for potential investment in startups building on Cloudflare Workers, an increase of 14 partners and $750 million in less than two months. Cloudflare is also introducing the first cohort of startups participating in the program, featuring 25 companies from 10 countries.

“When we set out to debut the Workers Launchpad, we were aiming for $250 million and surpassed that goal by a mile when we hit $1.25 billion. To reach $2 billion is a big deal, and one that proves the industry trusts in the potential of our global network.

As we hit 1 million developers building and maintaining applications with Cloudflare, there’s no better time to continue investing in the developers using Cloudflare.”

That’s really amazing that they have been able to find roughly 40 venture capitalist firms willing to put up $50 million each (which is not peanuts) to invest in startups building on Cloudflare’s Workers platform.