Company Market Research Report: Cloudflare, Inc.
Company Overview
Name: Cloudflare, Inc.
Mission of the Company: Cloudflare aims to build a better internet by providing secure, fast, reliable, cost-effective network services that help organizations connect, protect, and accelerate their digital properties.
Founded: September 2009
Founders: Matthew Prince, Michelle Zatlyn, and Lee Holloway
Key People:
- Matthew Prince, Co-Founder and CEO
- Michelle Zatlyn, Co-Founder, President, and COO
- Thomas Seifert, CFO
Headquarters: San Francisco, California, USA
Number of Employees: 2,000+ (as of 2023)
Revenue: $975.24 million USD (2023)
What is the Company Known For:
Cloudflare is known for its comprehensive web performance, security, and reliability solutions. The company offers a suite of products aimed at enhancing internet properties' security, speeding up web applications, and ensuring reliable connections.
Products
1. Connectivity Cloud
Description: Cloudflare's Connectivity Cloud is a unified platform designed to connect people, applications, and networks securely and swiftly across the globe.
Key Features:
- IT and security visibility and control
- Improvement of security and resilience
- Acceleration of application and network performance
- Cost-effectiveness and reduced complexity
2. SASE (Secure Access Service Edge) and SSE (Security Service Edge) Services
Description: These services provide security and connectivity for employees, contractors, devices, networks, applications, and data wherever they are.
Key Features:
- Enhanced security measures
- Comprehensive network protection
- Simplified management of security enforcement
3. Application and Infrastructure Services
Description: Cloudflare provides top-tier security, reliability, and performance for digital products and services across the globe.
Key Features:
- Application-level security
- Infrastructure optimization
- Enhanced performance metrics
4. Developer Services
Description: These services enable the seamless building and deployment of full-stack applications with integrated compute, storage, and networking capabilities.
Key Features:
- Unified platform for development
- Streamlined deployment processes
- Advanced storage solutions
Recent Developments
New Products Launched
1. Foundation DNS:
- Description: An advanced authoritative DNS for enterprises.
- Key Features: Enhanced reliability, faster query responses, and advanced security features.
New Partnerships
1. Cloudflare and Booz Allen Hamilton:
- Objective: To provide rapid attack mitigation for enterprises.
- Implications: This partnership is expected to bolster security offerings and improve rapid response capabilities during cyber incidents.
2. Acquisition of BastionZero:
- Objective: Integration of Zero Trust infrastructure access into Cloudflare's SASE platform.
- Implications: This acquisition aims to strengthen Cloudflare's position in the Zero Trust network market by adding advanced secure infrastructure access capabilities.
New Features Added
1. Cloudflare's Unified Risk Posture:
- Description: A new solution aimed at managing risk across expanding attack surfaces.
- Key Features: Comprehensive risk management, visibility, and control over various security domains.
Recognitions and Reports
1. Gartner® Magic Quadrant™ for SSE:
- Cloudflare named for the second consecutive year, highlighting its robust security edge (SSE) architecture.
2. The Forrester Wave™: Bot Management Software, Q3 2024:
- Cloudflare recognized as a strong performer with high scores in multiple criteria.
3. IDC MarketScape: Zero Trust Network Access:
- Cloudflare acknowledged as a leader due to its aggressive product strategy and comprehensive security solutions.
Note: This report is based on the provided data. Fields marked as "No information is available" indicate areas where data was not provided within the given source.
