San Francisco, CA, December 12, 2017 — Cloudflare, the leading Internet performance and security company, today announced record growth for its business. The company continued its expansion into enterprise services, with that business growing more than 80 percent and average deal size up nearly 40 percent year over year. Cloudflare now protects more than seven million Internet properties and has nearly 2,000 enterprise customers. Roughly half of Cloudflare’s business is from outside the United States.
“I’m proud of what we’ve accomplished over the past year, expanding our network, team, and capabilities as part of our goal to help build a better Internet,” said Matthew Prince, co-founder and CEO of Cloudflare. “We have continued to significantly expand and broaden our product offering, and I am looking forward to bringing an even better Internet experience to our customers in 2018.”
Today’s announcement caps off a strong year for Cloudflare. In 2017, the company announced 14 new products, including Argo, a smart routing system that improves performance for customers, Orbit, a solution that protects millions of IoT devices from the network level, Cloudflare Apps, a free platform that enables developers to build applications for Cloudflare’s millions of customers, and Cloudflare Stream, the company’s first video solution that makes integrating high-quality streaming video into a web or mobile application easy.
In addition to these announcements, Cloudflare hired its first CFO, and acquired Neumob to extend its benefits to mobile devices. The company’s global network spans 119 unique cities across 58 countries, has 15Tbps of network capacity, and is the most interconnected to Internet exchanges globally among edge networks.
In December 2017, independent analyst firm Forrester Research Inc. included Cloudflare in its Forrester Wave™for DDoS Mitigation Solutions report. Cloudflare was listed as a leader among 10 other vendors.
Cloudflare now has more than 500 employees, up from 300 just over a year ago. The company continues to grow its engineering, sales, marketing, and support teams across its offices in San Francisco, Austin, Champaign, IL, London, New York, Washington D.C., and Singapore.
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Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Today the company runs one of the world’s largest networks that powers more than 10 trillion requests per month, which is nearly 10 percent of all Internet requests for more than 2.5 billion people worldwide. Cloudflare protects and accelerates any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with each new site added. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was recognized by the World Economic Forum as a Technology Pioneer, named the Most Innovative Network & Internet Technology Company for two years running by the Wall Street Journal, and ranked among the world's 50 most innovative companies by Fast Company. Headquartered in San Francisco, CA, Cloudflare has offices in Austin, TX, Champaign, IL, Boston, MA, Washington, DC, London, and Singapore.