Welcome to our dedicated page for Cloudflare news (Ticker: NET), a resource for investors and traders seeking the latest updates and insights on Cloudflare stock.
Cloudflare, Inc. (NYSE: NET) regularly publishes news that reflects its role as a connectivity cloud company focused on security, performance, and AI-era Internet infrastructure. News about Cloudflare often covers product and platform developments, strategic partnerships, acquisitions, research reports, and impact initiatives tied to its mission to help build a better Internet.
Recent announcements include acquisitions and planned acquisitions related to AI, such as Human Native, an AI data marketplace that connects creators and AI developers, and Replicate, an AI platform that helps developers deploy and run AI models. These moves are presented as steps toward making Cloudflare’s network a place where developers can access AI models easily and where creators can structure, price, and monetize their content for AI use.
Cloudflare’s news also highlights research and thought leadership, including its App Innovation Report and its Year in Review, which share findings on application modernization, AI integration, security, Internet traffic patterns, and bot activity based on data from its global network and its 1.1.1.1 public DNS resolver. The company’s Impact Report provides updates on efforts to secure democratic elections, protect independent journalism and nonprofits from cyberattacks and unwanted AI scraping, and advance sustainability goals.
In addition, Cloudflare issues news on partnerships with organizations such as JD Cloud, Oracle Cloud Infrastructure, and major payments companies, as well as updates on its PowerUP Partner Program and channel ecosystem. Investors and observers following NET news can expect coverage spanning AI development, multicloud networking, cybersecurity, agentic commerce, partner programs, and quarterly financial results.
Cloudflare (NYSE: NET) has announced its first office in the Middle East, located in Dubai, aimed at enhancing its operations in the region. This expansion is part of a broader strategy to support growth in EMEA. The new office will focus on brand awareness, customer acquisition, and recruitment, led by Bashar Bashaireh, who brings over 25 years of experience. Dubai is crucial for Cloudflare, housing one of its 27 regional data centers. With a rapidly growing workforce, Cloudflare plans to launch new data centers and increase market share in the Middle East and Turkey.
Cloudflare has joined the EU Cloud Code of Conduct to enhance trust in GDPR-compliant cloud services. The company has also attained two new certifications: ISO/IEC 27018:2019 and C5, strengthening its commitment to data protection in Europe. These developments will foster wider adoption of cloud services by addressing data privacy concerns. The EU Cloud Code of Conduct has been approved by the Belgium Data Protection Authority, ensuring compliance across cloud service layers.
Cloudflare (NYSE: NET) has announced the launch of Cloudflare D1, a serverless database designed to simplify data management for developers. This instant database integrates seamlessly with Cloudflare Workers, enabling fast application development with minimal setup. Key features include automatic data location for optimal performance, easy database creation, and low data transfer costs, as Cloudflare will not charge for data transfers. By leveraging its global network, Cloudflare D1 aims to provide one of the largest and most efficient serverless databases available.
Cloudflare (NYSE: NET) has launched Cloudflare for Platforms, a suite of tools to empower organizations to transform any application into a programmable platform for developers. This allows businesses to customize applications without relying on costly external servers and engineering resources. Built on Cloudflare Workers, it enables developers to build custom functionalities while maintaining performance and security. The initiative aims to simplify integration and scaling for businesses, significantly enhancing their operational efficiency.
Cloudflare (NYSE: NET) collaborates with Deno and Node.js to create a unified JavaScript environment, enhancing developer flexibility and interoperability in edge computing. The Web-interoperable Runtimes Community Group aims to standardize code transferability across platforms, reducing resource costs for development teams. More than 450,000 developers have utilized Cloudflare Workers since 2017, with 3 million applications launched. This initiative seeks to establish a foundation for future application development while ensuring code compatibility across various environments.
Cloudflare (NYSE: NET) has appointed Carlos Torales Montero as Vice President, Head of Sales for Latin America, to capitalize on the region's growing online market, which boasts nearly 500 million Internet users. Torales brings over 20 years of technology experience, including a tenure at Cisco. Since its 2014 investment in Latin America, Cloudflare has expanded its network to 36 cities in the region, aiming for further growth. The company continues to thwart significant cyber threats, blocking nearly seven billion attacks daily, underlining its commitment to enhancing security and performance for its customer base.
Cloudflare, Inc. (NYSE: NET) reported impressive first-quarter results for 2022, with total revenue reaching $212.2 million, reflecting a 54% year-over-year increase. The company achieved a record dollar-based net retention rate of 127%, up 400 basis points year-over-year, and added approximately 14,000 new paying customers, totaling 154,109 customers. Despite a GAAP net loss of $41.4 million, improved non-GAAP net income of $3.5 million highlights operational efficiency. Cloudflare maintains a robust cash position of $1,725.2 million as of March 31, 2022.
Cloudflare, Inc. (NYSE: NET) is set to release its financial results for Q1 ended March 31, 2022, on May 5, 2022, after market close. An investor conference call will take place at 2:00 p.m. PT to discuss these results, with access via phone or a live webcast on the investor relations website. Additionally, an Investor Day event is scheduled for May 12, 2022, alongside the Cloudflare Connect user conference in New York, starting at 9:00 a.m. ET. Webcasts will also be available for both events.
Cloudflare (NYSE: NET) has completed its acquisition of Area 1 Security, enhancing its Zero Trust security platform with advanced email protection. This merger addresses critical security threats, including phishing, which costs U.S. businesses over $2.4 billion annually. Cloudflare aims to provide an integrated approach to email security, enabling organizations to block various threats easily. Area 1's technology will be available immediately for enterprise customers, fortifying Cloudflare's global network and streamlining security for organizations.
Cloudflare (NYSE: NET) and CrowdStrike (NASDAQ: CRWD) announce an expansion of their partnership to enhance Zero Trust security solutions for businesses. The integration of Cloudflare's Zero Trust platform with CrowdStrike's Falcon Zero Trust Assessment (ZTA) aims to provide secure access and robust controls for users, regardless of their location. This collaboration addresses the challenges businesses face in adopting Zero Trust practices, leveraging CrowdStrike's threat intelligence and Cloudflare's global network capabilities.
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