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Cloudflare (NYSE: NET) is opening its first office in Canada, choosing Toronto as the location for its sixteenth office globally.
With the new office, Cloudflare intends to hire locally to tap into Toronto’s tech talent and support Canada’s growing tech community, as well as establish Canada-based teams that understand the specific concerns of Canadian businesses to serve their growing enterprise customer base in the country.
Valued at over $23 billion, Cloudflare was co-founded by Matthew Prince, Lee Holloway, and Canadian Michelle Zatlyn
Born and raised in Saskatchewan, Zatlyn shared news of Cloudflare’s expansion North of the border in a blog post today.
As a proud Canadian, today feels like a homecoming. Canada has always been an important part of our history and customer base, and I am thrilled to see Cloudflare make a further commitment of expanding officially in the country and opening an office in Toronto. We are hiring a team locally to help our current customers and future customers, and to support even more great Canadian organizations.
Cloudflare’s global network spans more than 200 cities in over 100 countries – the company first established a data center in Canada in 2012.
Today, Cloudflare’s network spans seven cities in Canada, and it has thousands of Canadian customers among its 3.5 million customers globally.
“I am very pleased that Cloudflare has chosen Toronto as the location for its first Canadian office, which will allow them to take advantage of our unmatched talent pipeline,” said John Tory, Mayor of Toronto.
“Toronto is a magnet for software companies, like Cloudflare, due to our highly-skilled and diverse workforce. As we work toward economic recovery, it’s very encouraging to see that international businesses continue to view the Toronto Region as the place to be for technology and innovation.”
Some of Cloudflare’s customers in Canada include Shopify and its one million storefronts, media company Thomson Reuters, and investment service Wealthsimple.
“Security is a top priority when it comes to personal finances,” said Michael Katchen, Co-founder and CEO of Wealthsimple. “We designed Wealthsimple to be simple and secure so that our customers can feel empowered to make smart financial decisions with ease. Cloudflare has been an incredible partner by providing us with complex Internet security, performance, and reliability in a simple way. These continue to be clear, critical technologies and we welcome their expansion in Canada.”