XI

Cloudflare Inc. Market Research Report



Company Overview



Name


Cloudflare, Inc.

Mission of the Company


To help build a better internet.

Founding Details


  • Founded: 2009

  • Founders: Matthew Prince, Michelle Zatlyn, Lee Holloway


Key People


  • Matthew Prince: Co-founder and CEO

  • Michelle Zatlyn: Co-founder and COO

  • Thomas Seifert: CFO

  • John Graham-Cumming: CTO


Headquarters


101 Townsend Street, San Francisco, CA, USA

Number of Employees


Approximately 3,207 (as of 2023)

Revenue


Estimated $1.4 billion (2023)

What the Company is Known For


Cloudflare is well-known for its suite of cloud-based services aimed at improving the security, performance, and reliability of websites. The company's offerings are diverse, including DDoS mitigation, content delivery networks (CDNs), DNS services, and Zero Trust solutions.

Products



Overview


Cloudflare provides a wide array of services, primarily focusing on security, performance, and reliability enhancements for websites and applications.

DDoS Protection


Description: A service to protect websites and internet properties from distributed denial-of-service (DDoS) attacks.
  • Key Features:

  • Always-on detection and mitigation

  • Global network to absorb DDoS traffic

  • Real-time attack dashboards


Content Delivery Network (CDN)


Description: A global network of servers designed to deliver content rapidly to users based on their geographical location.
  • Key Features:

  • Global server network

  • Intelligent caching

  • Improved load times and service reliability


Zero Trust Network Access


Description: Provides secure access to internal applications without needing a VPN.
  • Key Features:

  • Application-layer security

  • User identity verification

  • Device posture checks


Web Application Firewall (WAF)


Description: Protects web applications by filtering and monitoring HTTP traffic between a web application and the Internet.
  • Key Features:

  • OWASP top 10 threat mitigation

  • Customizable security rules

  • Real-time traffic monitoring


DNS Services


Description: Provides fast, secure, and reliable DNS services.
  • Key Features:

  • Built-in DDoS protection

  • High redundancy

  • Fast resolution times


Security Information and Event Management (SIEM) Integration


Description: Integrated solutions for security monitoring and event management.
  • Key Features:

  • Real-time logging

  • Easy integration with existing SIEM tools

  • Security dashboards and insights


Developer Services


Description: Tools and APIs for developers to build, deploy, and manage applications.
  • Key Features:

  • Serverless computing platform (Workers)

  • KV storage for data persistence

  • Extensive documentation and community support


Recent Developments



Company Acquisitions


  • BastionZero: Cloudflare acquired BastionZero to enhance its Zero Trust infrastructure access capabilities for its SASE platform.


New Product Launches


  • Foundation DNS: An advanced authoritative DNS designed specifically for enterprises.

  • Zero Trust Network Access Enhancements: New features to improve security and ease of use for enterprises.


Partnerships


  • Booz Allen Hamilton: Partnership to provide rapid attack mitigation for enterprises, improving both security and resilience.


Recognition and Awards


  • Gartner Magic Quadrant for SSE: Named in the 2024 report for the second consecutive year.

  • Forrester Wave™ for Bot Management Software, Q3 2024: Acknowledged as a Strong Performer.

  • IDC MarketScape for Zero Trust Network Access: Recognized as a Leader.


Reports and Publications


  • 2024 ESG Report: Explores considerations for implementing Zero Trust for the workforce.

  • 2024 Application Security Report: Discusses threats to web applications and APIs, including DDoS and supply chain risks.

  • 2024 Global Security Brief: Covers key trends in today's cyber threat landscape, emphasizing phishing and AI risks.


No further information is available.