Cloudflare Expands Operations in Mexico Amid Growth Across Its Infrastructure and Customer Base

Rhea-AI Summary

Cloudflare expands its presence in Mexico as cyber attacks rise

Positive

• Cloudflare expands its operations in Mexico, investing in Mexican infrastructure and focusing on customers and partners in the region
• Cloudflare's Mexico-based team will help acquire and support customers, grow brand awareness, and recruit new talent
• Cloudflare has identified and mitigated cyber attacks in Mexico, blocking on average 115 million cyber threats every day in the third quarter of 2023

Negative

• None.

The company continues to expand its presence in Latin America, furthering its operations in Mexico with a local team as cyber attacks are on the rise

MEXICO CITY--(BUSINESS WIRE)-- Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced its expansion in the Mexico market as part of furthering its commitments across Latin America. Mexico represents a growing Cloudflare team presence, investment in Mexican infrastructure, and focus on customers and partners in the region. Cloudflare’s Mexico-based team will help the company acquire and support customers, grow brand awareness, and recruit new talent. The company first invested in Mexico when it expanded its network into Latin America in 2014 and has since been strategically placing its infrastructure close to users in the region.

“Latin American countries are some of the largest digital populations in the world and we have seen significant innovation and business coming from Mexico. For nearly a decade, Cloudflare has been investing in Latin America, deploying our infrastructure in the region," said Michelle Zatlyn, Co-founder, President & COO of Cloudflare. "Across sectors, cybersecurity and scaling operations are at the forefront. With our leading cloud connectivity services, our growing team in Mexico is committed to equipping our customers and deepening our partnerships locally.”

With nearly 20 percent of the web running through Cloudflare’s network today, the company has identified and mitigated attacks across Mexico while ensuring these Internet properties remain accessible and operate fast even amid attacks. Cybersecurity threats across the board, from phishing to DDoS attacks, are targeting businesses of all types and sizes. In the third quarter of 2023, Cloudflare blocked on average 115 million cyber threats every single day in Mexico. Analyzing sectors across the region, the top targeted industries include Telecommunications, Apparel & Fashion, Consumer Goods, Cryptocurrency, and Staffing and Recruiting.

Today, Cloudflare’s global network spans more than 300 cities in more than 100 countries, including more than 45 cities across Latin America and the Caribbean, like Mexico City and Queretaro, with further expansion plans. Looking at Latin America and the Caribbean, Cloudflare has the highest number of SASE points of presence across all vendors, delivering its Zero Trust services closer to end users and reducing unwanted latency.

“In Mexico we are seeing steady-to-high technology adoption by both large enterprise corporations and small and medium-sized businesses, as well as startups propelling innovation. Cloudflare has been securing, connecting, and scaling organizations across Latin America, unveiling the benefits of consolidated cloud services,” said Carlos Torales, Head of Latin America Sales at Cloudflare. “We are committing to Mexico’s market and talent, expanding our operations amid a growing business need for Cloudflare’s all-in-one solution. Organizations are operating with an increased number of applications that need to be fast and secure, regardless of where their users or employees are globally.”

Mexico has one of the largest per country GDPs in Latin America and is supported by a network of international treaties such as the United States-Mexico-Canada Agreement (USMCA). With a constantly evolving digital ecosystem in Mexico’s business sector, Cloudflare’s expansion in Mexico is evident of a strong commitment to support digital growth in Mexico and address the ever-evolving cybersecurity challenges that companies of all sizes face.

Customer and Partner Testimonials

Cloudflare has been helping secure, connect, and scale Mexican organizations for years, including customers like Caliente.mx Mexico’s number-one online gaming and live sports betting platform. Cloudflare has also partnered with one of the world’s largest distributors, TD Synnex, as well as resellers and Global System Integrators like NTT and Sonda to provide solutions to joint customers in the region.

“Caliente is the number-one online gaming and live sports betting platform and one of the top ten most-visited websites in Mexico. Cloudflare offered everything we needed. We didn’t have to make concessions. It was a holistic solution with optimized tools that met all of our needs, right down to servers in cities around Mexico.” said Lior Gross, Director of Software Development at Caliente. “We want Cloudflare to secure all our internal systems. That strong commitment to working in Mexico is one of the reasons we are always looking for new ways to improve using Cloudflare tools.”

“Distributing leading technology solutions to service the IT ecosystem is core to what TD Synnex does, and that’s why we’ve been partnering with Cloudflare for years as they continue to deliver on providing leading Internet security, performance, and reliability,” said Marcos Murata, VP and General Manager of Mexico, Latin America, and the Caribbean Vendor Management at TD Synnex. “Together we've been equipping businesses in Latin America and their worldwide users. Cloudflare runs one of the largest networks in the world with a specific focus on Latin America and we’re excited to be in continued partnership with them as they expand even more into Mexico.”

To support its current and growing customer base, Cloudflare has employees across Mexico and is growing the team with roles ranging from Sales to Engineering with virtual and hybrid work environments.

To learn more about Cloudflare Mexico, please check out the resources below:

• Cloudflare Latin America Network Map
• Cloudflare is faster than Netskope and Zscaler across LATAM
• Cloudflare Partners
• Cloudflare Careers Page
• Cloudflare Mexico Open Positions

About Cloudflare

Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare’s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business.

Powered by one of the world’s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.

Learn more about Cloudflare’s connectivity cloud at cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights at radar.cloudflare.com.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the benefits to Cloudflare and its customers of its expanded operations in Mexico and Latin America, the capabilities and effectiveness of, and the benefits to Cloudflare’s customers from using, Cloudflare’s products and technology, the size and growth of the Mexican and Latin American markets for Cloudflare’s products and technology, the potential growth of Cloudflare’s business, network, and operations in Mexico and Latin America, Cloudflare’s plans and objectives for, and the timing of, the expansion of its business, network, and operations in Mexico and Latin America, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s Co-founder, President & COO, and Head of Latin America Sales and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on August 3, 2023, as well as other filings that Cloudflare may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

© 2023 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231019555760/en/

Cloudflare, Inc.

Daniella Vallurupalli

Vice President, Head of Global Communications

press@cloudflare.com

Source: Cloudflare, Inc.

FAQ

What is Cloudflare's expansion strategy in Mexico?

Cloudflare is expanding its operations in Mexico, investing in infrastructure, acquiring and supporting customers, growing brand awareness, and recruiting new talent.

How has Cloudflare addressed cyber attacks in Mexico?

Cloudflare has identified and mitigated cyber attacks in Mexico, blocking on average 115 million cyber threats every day in the third quarter of 2023.

What industries are targeted by cyber threats in Mexico?

The top targeted industries in Mexico include Telecommunications, Apparel & Fashion, Consumer Goods, Cryptocurrency, and Staffing and Recruiting.

What is Cloudflare's network coverage in Latin America?

Cloudflare's global network spans more than 300 cities in more than 100 countries, including more than 45 cities across Latin America and the Caribbean.

What is Cloudflare's commitment to Mexico's market and talent?

Cloudflare is committing to Mexico's market and talent, expanding its operations to support digital growth and address cybersecurity challenges.

Who are some of Cloudflare's customers and partners in Mexico?

Some of Cloudflare's customers in Mexico include Caliente.mx, Mexico's number-one online gaming and live sports betting platform, and TD Synnex, one of the world's largest distributors.