NET Cloudflare Inc Class A

Cloudflare Partners with Databricks to Slash the Cost and Complexity of Sharing Data Across Clouds

(NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced a partnership with , the data and AI company, to enable organizations to safely, simply, and affordably share and collaborate on live data. With Cloudflare and Databricks, joint customers can eliminate the complexity and dynamic costs that stand in the way of the full potential of multi-cloud analytics and AI initiatives.

"Without an open standard for secure data exchange across organizations, companies find it highly time-consuming to collaborate, requiring export, replication and maintenance of data across many software platforms,” said Matei Zaharia, Co-Founder and CTO at Databricks. “Delta Sharing provides the first open protocol for sharing data across diverse computing platforms, clouds and regions. Today’s announcement shows just how much demand there is for this in the industry, with Cloudflare joining the ecosystem. We are excited about how this will push open interchange forward and help all of our customers collaborate more easily.”

Databricks is driven by the mission to help data teams solve the world’s toughest problems, and enabling organizations to safely share and collaborate on data is critical to achieving that mission. However many organizations still struggle to share data across clouds, customers, teams, and with partners — they often use restrictive platforms and face maintenance burdens, exorbitant egress costs, and a lack of security. This becomes especially costly for organizations seeking to leverage AI, who are constantly moving massive training data sets across different clouds in search of GPUs, racking up massive egress fees in the process. Databricks’ Delta Sharing, the industry’s first open protocol for secure data sharing, makes it simple to share data across teams, and with other organizations, regardless of which computing platforms they use.

Databricks will now support Delta Sharing from Cloudflare R2, Cloudflare’s zero egress, distributed object storage offering. This seamless integration enables data teams to share live data sets in R2 easily and efficiently, eliminating the need for complex data transfers or duplications of data sets, and with zero egress fees. This will enable joint customers to ensure they’re sharing the most up to date data sets with their partners, suppliers, and lines of businesses, without compromising security and privacy, and without unpredictable, surprise egress fees.

“We are in the midst of an AI revolution rooted in data,” said Matthew Prince, co-founder and CEO, Cloudflare. “R2 provides an amazing value proposition for companies that suffer from vendor lock-in, and instead ensures developers retain the power to choose where to move and use their data. The combination of Cloudflare's massive global network and zero egress storage, along with Databricks' powerful sharing and processing capabilities, will give our joint customers the fastest, most secure, and most affordable data sharing capabilities across the globe.”

Learn more about the partnership at the June 26-29 in San Francisco and .

About Cloudflare

Cloudflare, Inc. ( / @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 awarded by Reuters Events for Global Responsible Business in 2020, named to Fast Company's Most Innovative Companies in 2021, and ranked among Newsweek's Top 100 Most Loved Workplaces in 2022.

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 R2 and Cloudflare’s other products and technology, the benefits to Cloudflare’s customers from using Cloudflare R2 and Cloudflare’s other products and technology, Cloudflare’s partnership with Databricks and the potential resulting benefits to Cloudflare customers, the potential benefits to customers of integrating Cloudflare and Databricks products, the potential opportunity for Cloudflare to attract additional customers and to expand sales to existing customers through Cloudflare’s partnership and product integrations with Databricks, 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 Quarterly Report on Form 10-Q filed on April 27, 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.

EN
20/06/2023

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