Alger Mid Cap Focus Fund, in its Q4 2021 investor letter, mentioned Cloudflare, Inc. (NYSE: NET ) and discussed its stance on the firm. Cloudflare, Inc. is a San Francisco, California-based web infrastructure and website security company with a $28.4 billion market capitalization. NET delivered a -32.66% return since the beginning of the year, while its 12-month returns are up by 6.97%. The stock closed at $88.55 per share on January 21, 2022.