Cloudflare Announces R2 Storage; Rapid and Reliable S3-Compatible Object Storage Designed for the Edge

By Editor On Sep 28, 2021

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SAN FRANCISCO – (BUSINESS WIRE) – Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company that helps build a better Internet, today announced Cloudflare R2 Storage, a better way for developers to store everything they need , with automatic data migration from S3-compatible services for easy switching. Cloudflare R2 storage, designed for the edge, offers the ability to store large amounts of data, which is possible with Cloudflare, while lowering the outbound bandwidth charges associated with the cloud provider’s storage to zero.

To build websites and applications, developers need a place to store photos, videos, and graphics that is quick and easy to access. When cloud storage first emerged it was a huge step forward in making this fast, flexible, and scalable storage available to developers. However, the increasingly outrageous bandwidth prices have created costly headaches for some developers, resulting in vendor retention. Cloudflare’s mission is to help build a better internet, which means the company is focused on making the internet faster, safer and more affordable for everyone.

“Since AWS launched S3, cloud storage has attracted and then locked in developers with exorbitant egress charges,” said Matthew Prince, Co-Founder and CEO of Cloudflare. “We want developers to keep evolving and not worry about their storage bills. Our goal is to make R2 Storage the most affordable and reliable option for storing data with no outbound fees. I’m always amazed at what developers are building on our platform, and I look forward to more innovations as we expand the tools they have access to. ”

In 2018, Cloudflare took the first step to address the formidable outbound charges by creating the Bandwidth Alliance, a group of forward-thinking cloud and network companies committed to reducing or waiving data transfer charges for shared customers. Cloudflare R2 Storage will take this commitment even further by adding automatic migration of data from S3-compatible services and providing developers with high-performance object storage – minus egress charges.

Cloudflare’s R2 storage enables developers to:

Lower the bills for outbound cloud providers and storage: The goal of Cloudflare is to make R2 Storage the most affordable option for high-performance object storage, regardless of size. Because of this, Cloudflare plans to eliminate egress charges, provide object storage that is at least 10% cheaper than S3, and make infrequent access completely free for customers.
Take advantage of the performance of object storage created with Cloudflare’s Edge Network: Leveraging Cloudflare Workers and Durable Objects, R2 provides low-latency, high-throughput storage for the most demanding applications.
Automatically migrate data from third-party providers to Cloudflare: Cloudflare R2 Storage includes automatic migration from other S3-compatible cloud storage services that migrate data from providers as needed, making saving outbound bandwidth bills as easy as setting a destination bucket.
Store application data wherever you need it in the world: R2 replicates data across regions and supports legal restrictions so organizations can control where their data is stored to meet their local and global needs.
Use the power and scalability of Cloudflare Workers in your applications: R2 Storage is fully integrated into the Cloudflare Workers runtime, which makes creating data pipelines and manipulating objects incredibly easy.

To learn more about Cloudflare R2 storage and Cloudflare workers, please check out the following resources:

About Cloudflare

Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is committed to helping build a better internet. Cloudflare’s suite of products protects and accelerates any internet application online without adding hardware, installing software or changing a line of code. With internet properties operated by Cloudflare, all web traffic is routed through its intelligent global network, which gets smarter with every request. As a result, they see a significant improvement in performance and a decrease in spam and other attacks. Cloudflare was included in Entrepreneur Magazine’s list of Top Company Cultures 2018 and was voted one of the most innovative companies in the world by Fast Company 2019. Cloudflare is headquartered in San Francisco, California and has offices in Austin, TX, Champaign, IL, New York, NY, San Jose, CA, Seattle, WA, Washington, DC, 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, that involve significant risks and uncertainties. In some cases, you can identify forward-looking statements by using words such as “may”, “will”, “should”, “expect”, “research”, “plan”, “anticipate”, “may”, “intend”, “Aim”, “project”, “consider”, “believe”, “estimate”, “predict”, “potentially” or “continue” or the negative of these words or other similar terms or expressions that affect our 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 about the capabilities and effectiveness of Cloudflare R2 storage, the potential benefits for customers of using Cloudflare R2 storage, when and when to use Cloudflare R2 storage, and its various features Included in Cloudflare R2 Storage are available to all current and prospective Cloudflare customers, Cloudflare’s technology evolution, future operations, growth, initiatives or strategies, and comments from the Cloudflare CEO and others generally. Actual results could differ materially from those expressed or implied in forward-looking statements due to a number of factors including, but not limited to, risks identified in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including its annual report by Cloudflare on Form 10-Q, filed August 6, 2021, as well as other filings that Cloudflare may from time to time file with the SEC.

The forward-looking statements made in this press release address only events as of the date the statements were made. Cloudflare undertakes no obligation to update any forward-looking statements in this press release to reflect events or circumstances after the date of this press release or new information or the occurrence of unforeseen events, except as required by law. Cloudflare may not achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

© 2021 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and / or registered trademarks of Cloudflare, Inc. in the US and other jurisdictions. All other brands and names mentioned herein may be trademarks of their respective owners.

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