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Company:
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CLOUDFLARE, INC. (NET)
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Form Type:
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3
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Filing Date:
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9/12/2019
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CIK:
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0001477333
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Address:
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101 TOWNSEND ST.
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City, State, Zip:
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SAN FRANCISCO, California 94107
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Telephone:
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888.993.5273
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$16.89
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Change:
0.15 (0.90%)
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Trade Time:
Nov 18
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Market Cap:
$1.47B
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Description of Business
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We believe our ability to grow the number of paying customers on our platform
provides a key indicator of the growth of our business and our future business
opportunities. We define a paying customer at the end of any period as a person
or entity who has been billed for our services in the last month of the period,
excluding (i) Baidu and (ii) other customers that were not acquired through
ordinary sales channels. An entity is defined as a company, a government
institution, a non-profit organization, or a distinct business unit of a large
company that has an active contract with us or one of our partners. The number
of paying customers was 35,002, 49,309, and 67,899 as of December 31, 2016,
2017, and 2018, respectively, and 56,119 and 74,873 for the six months ended
June 30, 2018 and 2019, respectively.
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