Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that its channel revenue increased 174% over the last two years.
The company’s recently launched Cloudflare PowerUP Partner Program provides additional, clear paths to revenue for its channel partners globally. The Program expansion comes as Cloudflare’s partnerships and alliances have been delivering strong results to joint customers across sectors worldwide.
With the rapid growth of interconnected applications, employees, and devices, comes new and more sophisticated attack vectors. Organizations with limited security and traditional network architectures are not only facing increased risk of attack but are also hindered by the lack of freedom to innovate between cloud applications. Cloudflare’s connectivity cloud is the digital core for businesses to transform how they connect, protect, and build in their digital environments.
Partners are crucial to extending the solutions and support that customers need to control application complexity, reduce cyber risk, and cut costs, all through Cloudflare’s network. Cloudflare’s all-in-one, robust approach to an organization’s cybersecurity framework includes connectivity between multiple clouds. Over the past year, Cloudflare has partnered with a large number of organizations, realizing the business opportunity of helping customers secure their Internet applications and innovate with full control across cloud environments.
“We have seen a vast range of customers worldwide benefit from Cloudflare’s connectivity cloud and we have to credit our channel partnerships and alliances. Cloudflare’s channel growth is a testament to how we’ve been deepening our work with partners and distributors”, said Matthew Harrell, Cloudflare Global Head of Channels & Alliances. “As consolidation and security have become front and center for every business, the channel is facing a huge opportunity across the market with Cloudflare’s solutions. Our recently launched PowerUP Program brings new levels, resources, and support to ensure our partners can capitalize on this opportunity.”