Cloudflare Inc. (NYSE: NET)
Software - Infrastructure · San Francisco, CA, United States · Founded 2009
- Market capitalization: $30.0 billion
- Annual revenue: $2.17 billion
- Net income: $-0.1 billion
- Employees: 3,800
- Sector: Technology
- Headquarters: San Francisco, United States
- Founded: 2009
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Cloudflare runs one of the world's largest networks, spanning 300+ cities in 100+ countries, providing CDN, DDoS protection, DNS, zero-trust security, and edge computing services. Roughly 20% of all websites use Cloudflare. The company protects and accelerates internet traffic for millions of customers, from individual bloggers to Fortune 500 companies. Matthew Prince and Michelle Zatlyn co-founded Cloudflare in 2009.
Freemium model u2014 a generous free tier attracts millions of websites, and paid plans ($20/month to custom enterprise pricing) unlock advanced features. Enterprise contracts drive the majority of revenue, which exceeds $1.6 billion annually. The company sells security (WAF, DDoS, Zero Trust), performance (CDN, DNS), and developer platform (Workers, R2, D1) products.
Prince and Zatlyn met at Harvard Business School and launched Cloudflare in 2009. The company launched publicly at TechCrunch Disrupt in 2010. IPO in September 2019 at $15 per share. Cloudflare has made controversial decisions about content moderation, including terminating service to 8chan and Kiwi Farms after public pressure. The Workers developer platform launched in 2017 and has become a key growth driver.
| Market Capitalization | $30.0B |
| Annual Revenue | $2.17B |
| Net Income | $-0.1B |
| Profit Margin | -5% |
| Revenue per Employee | $571053K |
| Stock Exchange | NYSE |
| Ticker Symbol | NET |
Financial data is approximate and based on most recent annual filings.
Cloudflare handles an estimated 20% of all HTTP internet requests. The company uses lava lamps in its San Francisco office as a source of randomness for encryption. Prince once wrote a blog post explaining why Cloudflare terminated a customer, calling it "the hardest decision we've ever made" u2014 it sparked a major debate about infrastructure companies as content moderators.
Cloudflare is quietly building the next great cloud platform from the edge u2014 the developer tools (Workers, R2) could make it a genuine competitor to AWS for a new generation of applications.
What is Cloudflare Inc.'s revenue?
Cloudflare Inc. generates approximately $2.17 billion in annual revenue.
How many employees does Cloudflare Inc. have?
Cloudflare Inc. employs approximately 3,800 people worldwide.
What is Cloudflare Inc.'s market cap?
Cloudflare Inc. (NET) has a market capitalization of approximately $30.0 billion on the NYSE.
When was Cloudflare Inc. founded?
Cloudflare Inc. was founded in 2009 and is headquartered in San Francisco, CA, United States.
Who is the CEO of Cloudflare Inc.?
Matthew Prince is the current CEO of Cloudflare Inc..
What is Cloudflare Inc.'s website?
Cloudflare Inc.'s official website is cloudflare.com.
| CEO | Matthew Prince |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Founded | 2009 |
| HQ | San Francisco, CA |
| Country | United States |
| Website | cloudflare.com |
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