Acquisition will integrate robust email
security with Cloudflare’s global network to give customers a
complete Zero Trust security platform
Cloudflare, Inc. (NYSE: NET), the security, performance, and
reliability company helping to build a better Internet, today
announced it has completed its acquisition of Area 1 Security.
Email is both one of the largest cloud applications for any
business, and the biggest security threats that organizations of
all sizes face. Yet legacy email security solutions are often
expensive, overly complex, and disjointed from an organization’s
holistic security strategy. Further, malicious phishing and
business email compromise campaigns are incredibly costly—with U.S.
businesses losing more than $2.4 billion a year according to data
from the FBI’s Internet Crime Complaint Center 2021 Internet Crime
Report. With the acquisition of Area 1 Security, Cloudflare will
provide organizations an easy way to block phishing, malware,
business email compromise and other advanced threats as part of an
integrated, Zero Trust approach to securing all of their
organizations’ applications.
“Cloudflare's mission is to help build a better Internet, and
we've invested heavily in building the world's most powerful cloud
network to deliver a faster, safer, and more reliable Internet for
our users. Now we're officially able to welcome the Area 1 team to
Cloudflare and enhance our ability to secure the number one place
where security threats come from, email," said Matthew Prince,
co-founder & CEO of Cloudflare. "To us, Zero Trust security
without email built in is worth nearly zero. By bringing email
security and Zero Trust together with Area 1 Security, we believe
that we will give customers the most complete Zero Trust security
platform available."
Area 1 Security’s cloud native platform, which works seamlessly
with any email offering, stops phishing and other advanced email
attacks by preemptively discovering and eliminating them before
they can inflict damage in a corporate environment. By combining
Area 1 Security’s highly scalable technology and years of
experience in email protection with Cloudflare’s global network,
the two companies will provide a holistic Zero Trust solution that
customers can enable through Cloudflare’s global network. Area 1
Security’s email security capabilities will be available for
purchase for all enterprise plan customers today, and will be
available to customers on all other paid plans in the months to
come.
"Cloudflare delivers one of the world’s leading Zero Trust
networks, and we're excited about what we'll be able to build
together for our customers and channel partners," said Patrick
Sweeney, CEO and President of Area 1 Security. "By joining forces,
Area 1’s technology and Cloudflare's global network will give
customers the most complete Zero Trust security platform available,
inclusive of securing the most critical of today’s business
applications – your email."
To learn more, please check out the resources below:
- Overview: Cloudflare Area 1 Email Security
- Complimentary Phishing Risk Assessment
- Cloudflare Blog: Why We’re Acquiring Area 1 Security
- Cloudflare Blog: Democratizing email security: protecting
individuals and businesses of all sizes from phishing and malware
attacks
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
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
capabilities and effectiveness of Cloudflare’s Zero Trust and other
products and Area 1 Security’s email security platform, the
benefits to Cloudflare’s customers from using Cloudflare Zero Trust
products, the Area 1 Security email security platform, and
Cloudflare’s other products and technology, the expected
functionality and performance of Cloudflare’s Zero Trust products,
the Area 1 Security email security platform, and Cloudflare’s other
products and technology, the timing of when Cloudflare’s Zero trust
products and Area 1 Security’s email security platform will be
generally available to all current and potential Cloudflare
customers, Cloudflare’s plans and objectives for, and the timing
of, the integration of the Area 1 Security email solution into
Cloudflare’s Zero Trust products, Cloudflare’s technological
development, future operations, growth, initiatives, or strategies,
and comments made by Cloudflare’s CEO, Area 1 Security’s CEO and
others. Cloudflare’s 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 its Annual Report on Form 10-K filed on March 1,
2022, 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 its forward-looking
statements, and you should not place undue reliance on Cloudflare’s
forward-looking statements.
© 2022 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220401005070/en/
Cloudflare, Inc. Daniella Vallurupalli Vice President, Head of
Global Communications press@cloudflare.com
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