Cloudflare Extends Zero Trust Security to Businesses’ Doorsteps

Rhea-AI Summary

Cloudflare, Inc. (NYSE: NET) is set to expand its network into over 1,000 prominent office buildings and multi-dwelling units worldwide, including iconic locations like Salesforce Tower and Willis Tower. This initiative aims to provide businesses with cost-effective, flexible solutions for connecting to Cloudflare’s Zero Trust and SASE security offerings, enhancing security and productivity in a hybrid work environment. Cloudflare has significantly increased its network capacity, tripling it in the last two years, to deliver superior performance and reliability.

Positive

• Expansion into over 1,000 major office buildings enhances network accessibility.
• Improvement in flexibility and cost-efficiency for businesses.
• Tripled network capacity over the last two years, boosting performance.
• Direct connectivity allows for easier adoption of Zero Trust and SASE solutions.

Negative

• None.

Plans to deploy equipment directly into over 1,000 of the most populated office complexes and multi-dwelling units in the world to help secure and connect their networks

SAN FRANCISCO--(BUSINESS WIRE)-- Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it will extend its network to iconic properties like Salesforce Tower in San Francisco, Willis Tower Chicago, John Hancock Tower in Boston, and 30 Hudson Yards, 4 Times Square & 520 Madison in New York, as well as the planned further expansion into thousands of other office buildings and multi-dwelling units globally. This dramatic expansion will allow businesses to easily connect to Cloudflare’s network from offices and co-working spaces instead of relying on costly, rigid hardware solutions. Now, enterprises will have one more way to connect to the Cloudflare One suite of SASE security solutions to help secure and connect employees across all the devices, applications, and networks they may use in a hybrid work landscape.

“Nobody knows exactly what the future of work will look like for every organization, but we do know that it will be more flexible,” said Matthew Prince, co-founder and CEO of Cloudflare. “Businesses shouldn’t have to sacrifice security to help employees be productive regardless if they’re in the office, at home, or on-the go. Bringing a Zero Trust solution to organizations is the only way they can be prepared for any scenario. Winning enterprises need the most performant, reliable, and secure connectivity no matter where they do business.”

Businesses have maintained expensive and hardware-intensive office networks since the dawn of the modern Internet. Never have they gotten less return on that investment than through the COVID-19 pandemic—and the hybrid future of work will only exacerbate the high costs of maintaining and securing this outdated infrastructure.

What's more, these legacy networks weren’t designed to secure employees across all their devices, networks, applications, and work locations. By directly connecting to Cloudflare’s network, businesses will save the time and cost of identifying, managing and securing their own hardware. This expansion of Cloudflare’s network will make it easy for businesses of any size to adopt its Zero Trust and SASE, or secure access service edge, solutions to connect and secure employees no matter where they work.

"Throughout the pandemic, we've supported our over 12,000 employees to work safely and seamlessly from home or from our offices. Cloudflare solutions have been critical, and we're excited to continue to partner on efficient and strong solutions,” said Mark Papermaster, Chief Technology Officer and Executive Vice President, Technology and Engineering, at Advanced Micro Devices Inc.

“Real estate is at the cusp of being revolutionized with novel solutions being applied to age-old problems. None more so than how we are re-imagining the workplace of the future,” said Kitty Sullivan, Principal, JLL Spark Global Venture Fund.

“We see a lot of potential in the way Cloudflare is bringing its network directly to our office locations,” said Aaron Dearinger Edge Architect at Garmin International. “It’s critical that we empower our employees to work productively and securely, and this makes it that much easier for us to do so no matter where our teams are working from in the future–and reducing our network costs along the way.”

“Only a few years ago the barrier of entry to build world class digital buildings would have been prohibitive. Thankfully this is where the cloud and utility-based computing comes in,” said Danny Stubbings, VP Technology Development & Building Digitization, at Oxford Properties. “The beauty of this model is that it allows us much greater freedom to experiment and find those areas that really add value to our business, and our consumers.”

Cloudflare’s global network spans more than 250 cities in over 100 countries and has tripled its network capacity in the last two years. By continuously expanding and optimizing its network, Cloudflare is able to deliver a faster and more reliable Internet experience to users and businesses anywhere in the world. To learn more about Cloudflare’s network and services like Cloudflare One, please check out the resources below:

• Birthday Week Landing Page
• About Cloudflare One
• Blog Post: Cloudflare for Offices

About Cloudflare

Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare’s suite of products protect and accelerate 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 every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine’s Top Company Cultures 2018 list and ranked among the World’s Most Innovative Companies by Fast Company in 2019. Headquartered in San Francisco, CA, Cloudflare has offices in Austin, TX, Champaign, IL, New York, NY, San Jose, CA, Seattle, WA, Washington, D.C., Toronto, Lisbon, London, Munich, Paris, Beijing, Singapore, Sydney, and Tokyo.

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 our 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 expansion of Cloudflare’s network locations into office buildings and multi-dwelling units and the potential benefits to customers of this expansion and the direct connection to Cloudflare’s network and products, the number and geographic scope of the office buildings and multi-dwelling units into which Cloudflare’s network is planned to expand, the timing of when this expansion of the Cloudflare network will occur and the availability of access to the Cloudflare network within office buildings and multi-dwelling units, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO 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 Annual Report on Form 10-Q filed on August 6, 2021, 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 our forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

© 2021 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/20210929005124/en/

Daniella Vallurupalli

press@cloudflare.com

Source: Cloudflare, Inc.

FAQ

What is Cloudflare's recent network expansion plan?

Cloudflare plans to expand its network into over 1,000 office buildings and multi-dwelling units globally to enhance connectivity and security.

Which iconic buildings will Cloudflare's network be deployed in?

Cloudflare's network will be deployed in buildings such as Salesforce Tower, Willis Tower, and John Hancock Tower.

How does Cloudflare's expansion benefit businesses?

The expansion provides businesses with flexible, cost-effective connectivity solutions, improving security and productivity in a hybrid work setup.

What security solutions does Cloudflare offer with this expansion?

Cloudflare will facilitate easier access to its Zero Trust and SASE security solutions, ensuring secure connectivity for employees across various work environments.