Matthew Prince of Cloudflare
Cloudflare / THE WORLD THEY ARE BUILDING

The internet, faster and safer by default.

Its platform can connect security, connectivity and application development. The opportunity is to reduce fragmented controls, but the result depends on policy design and what a customer actually deploys.

See it taking shape ↓
01 / THE PRODUCTS

The products behind the promise.

Cloudflare Security Analytics sampled log expanded to show WAF action and request analysis
Official WAF documentation screenshot of a sampled request and its security analysis. The screenshot contains November 2022 example events and masked identifiers; it is not a current customer incident.
Application Services

Configure CDN, WAF, DDoS and bot controls for internet-facing applications.

Delivery and protection can be managed at the same application boundary.

Olive Young

Improve bot detection and response around retail traffic

Cloudflare’s case reports 25% higher detection precision and more than 80% shorter mitigation time.

Olive Young implemented WAF and Bot Management to improve protection and investigation. Further WAN migration and Workers adoption are described as planned next steps.

What changed? +

The case describes sale-event pressure, credential-stuffing and bot traffic alongside fragmented network management.

Vendor-published results for this deployment. The planned end-2026 WAN transition is not treated as completed.

Fujitec

Replace VPN hardware with zero trust access in about 45 days

Migration completed in about 45 days, as reported in Cloudflare's case.

It moved to Cloudflare Access, part of Cloudflare One, finishing 99% of eligible employees in Japan in about 40 days and all of them in about 45 days.

What changed? +

A Japanese company with fragmented management across several vendors and VPN hardware that slowed employees down, causing 10 to 20 troubleshooting requests a month. It also faced a possible 32% rise in licensing costs from its incumbent vendors.

Company case study published by Cloudflare and read on October 8, 2026; results are the vendor's and the customer's own account. Japan, not Korea.

Cloudflare diagram of a request passing from a client through HTTP and TLS termination, a proxy layer with WAF, rate limiting and bot modules, and cache and origin fetch, to the customer origin, with the developer platform alongside
Cloudflare's own diagram of its reverse proxy, published with the November 2025 outage post-mortem. Proxied requests pass through Cloudflare's handling layers before an origin fetch when needed; cached or blocked requests need not reach the customer's servers.
02 / HOW IT BECOMES REAL

From a sales-event spike to controlled application traffic

Illustrative retail workflow based on application services, Cloudflare One and Workers.

  1. 01

    Deliver the application through the network

    Application services combine delivery and performance capabilities. Teams configure traffic handling so a busy event does not depend only on origin infrastructure.

  2. 02

    Separate suspicious traffic from legitimate use

    WAF, DDoS and bot controls apply policies to incoming requests. Teams review false positives so protection does not unnecessarily block customers.

  3. 03

    Control employee access to internal tools

    Cloudflare One supports identity-aware access and network security. A user’s route to a management application can follow an explicit access policy.

  4. 04

    Run application logic on Workers

    Developers deploy code using the Workers platform. It offers another place to implement request handling or an application feature without maintaining that runtime themselves.

Follow the work, step by step

Cloudflare began with a request from its own users. In 2004 Matthew Prince and Lee Holloway built Project Honey Pot, a system that let any website owner track how spammers harvested email addresses. Thousands of websites from more than 185 countries joined. They liked seeing the attackers, but they kept asking for one more thing: do not just track the bad guys, stop them. A friend said the founders were building a firewall in the cloud, and the name Cloudflare stuck. By the founders' account the service went live on stage at a startup conference in September 2010, running in five data centers on three continents. It listed on the New York Stock Exchange on 13 September 2019.

One network instead of a rack of boxes

The problem it describes today is larger than spam. For years, the company says, enterprises strung together hardware boxes from different vendors to protect and speed up their networks. As those jobs moved to the cloud, stitching together a separate cloud service for each need brought its own latency, support work and overhead. Cloudflare's answer, in its annual report for 2025, is to consolidate behind one provider that runs in the cloud, which it calls a connectivity cloud: one network acting as a single control plane for security, performance and reliability across on-premises, hybrid, cloud and software-as-a-service applications. Increasingly, it adds, customers also build their own applications on that network.

The belief that set it apart was that protection did not have to cost speed. Early investors worried that sending a website through a security layer would slow it down, and the team became, in its own words, obsessed with stamping out latency. That choice shaped the network. Cloudflare says every service runs in every data center, that it operates in 348 cities and connects directly to more than 13,000 networks, and that 95% of the world's Internet-connected population is within 50 milliseconds of one of its data centers. It also argues that its incentives line up with its customers: it does not sell user data and does not aim to compete with them.

The web's new visitors are machines

Why now has changed twice. The first shift was the move of applications to the cloud, which made a room of hardware a poor fit. The second is AI. In their September 2026 letter the founders wrote that automated traffic passed human traffic in May 2026, earlier than they had forecast, and that it could reach 1,000 times human traffic within five years if trends hold. At a Seoul media session in August 2026 the company said AI agent requests on its network had grown at least 1,700% in a year. In February 2026 the CEO put the strategy in one line.

If agents are the new users of the web, Cloudflare is the platform they run on and the network they pass through.

Matthew Prince · Co-founder and CEO · Fourth quarter and fiscal 2025 results release · 2026-02-10

He described the business logic as a flywheel: more agents bring more code to Workers, the developer platform, and that code drives demand for the performance, security and networking services around it. The older products get a new kind of traffic to inspect, and the developer platform gets a new kind of user. Whether that loop earns as well as the old one is the question for the revenue chapter.

One sale day, four teams at work

Take an illustrative retailer preparing for a big sale. The web team routes the shop through Cloudflare so that caching and delivery absorb the spike instead of the shop's own servers alone. On the day, the same requests pass through security checks: the web application firewall, DDoS protection and bot management sort shoppers from scrapers and credential stuffing. Human judgement still matters here. Analysts tune the rules so real customers are not blocked, and in the one named Korean case, Olive Young's engineers said the first deployment needed extra tuning that Cloudflare engineers worked through with them, service by service.

Behind the shop, IT and security teams decide who may reach internal tools, and Cloudflare One applies those identity rules without a VPN. Developers can put request handling or a new feature on Workers without running servers for it. Each step belongs to a different team inside the customer. For Cloudflare that is the point: one network relationship can grow team by team.

For someone joining in Korea, this is the product to explain in plain words: a network in front of a company's sites, staff and code. Seoul has been one of its locations since 2012, and in August 2026 the company said it handles about 114 billion requests and blocks about 783 million threats a day in Korea alone. The work in Seoul is turning that traffic into contracts that reach more than one team.

Understand the products and their customers

Cloudflare sells three families of products on one network, through three doors. Small customers sign up on the web. Larger ones buy Enterprise plans from its inside and field sales teams or through channel partners: managed service providers, resellers, distributors and system integrators. At the end of 2025 it counted about 332,000 paying customers in more than 190 countries.

The front door: application services

Application services are the original business: content delivery, the web application firewall, DDoS protection, bot management and API protection for public websites and apps. Traffic reaches a Cloudflare data center first, rules decide whether each request is served, challenged or blocked, and cached content is served without touching the customer's own servers. The company describes network-wide threat intelligence as an input into these controls. Buyers are web infrastructure and security teams.

Act Two: access for staff, contractors and agents

Cloudflare One is the second family. It replaces the office VPN with zero trust access: each employee, contractor and, in the company's newest wording, AI agent proves who they are before reaching an application. The company says it delivers this full SASE service from 335+ cities. Buyers are IT and security leaders, and the sale is slower. On the May 2026 call the CEO said partners had been especially successful selling what he calls the Act Two products, which need a more consultative sale and careful integration.

The clearest named example in Asia is the Japanese company Fujitec. Facing a possible 32% rise in licensing costs from its incumbent vendors, it moved employees from VPN hardware to Cloudflare Access, covering 99% of eligible staff in Japan in about 40 days and all of them in about 45.

The developer platform, and a 2026 purchase

Workers is the third family: a serverless platform where developers deploy code to Cloudflare's network with a single command and no servers to manage, in JavaScript, TypeScript, Python, Rust and other languages. It is free to start. The founders say more than 7 million developers now build on the developer platform, against about 3 million the company cited in September 2025. In June 2026 Cloudflare bought VoidZero, the team behind the open-source developer tool Vite, for $164.2M, which adds open-source tools that web developers use to build their projects. Here it meets the large public clouds, which the company lists as competitors.

What one Korean retailer reports

Olive Young is the named Korean case. Before the change, its origin servers were overloaded during big sale events and influencer collaborations, scraping bots and credential stuffing raised database load, and a hub-and-spoke network on private lines made each new store harder to run consistently. In a proof of concept against other vendors, Cloudflare's real-time policy updates and low false positives came out ahead, and Olive Young chose its WAF and bot management. Its SRE engineer Taekeun Lee put the business case plainly: "Sophisticated scraping bots were a real business risk, causing price information leaks and database loads."

Cloudflare's case reports 25% better detection precision and mitigation time cut by more than 80%, from about a minute to near real time. Both figures come from the vendor's own story and reflect the customer's and vendor's measures. The next steps are plans: routing headquarters and store traffic over Cloudflare's network by the end of 2026, then Workers and AI crawler controls.

A Singapore case shows the same path. ComfortDelGro, a transport group in 13 countries, started with its booking services and reports bot-driven disruption cut by about 90% in the first months. It then added API protection and moved DNS for every business unit onto one portal. When it moved a UK subsidiary to Cloudflare in April 2026, the switch took under a week, against about four and a half months for the earlier provider's rollout.

The pattern across these cases is to land with a problem that hurts this week, such as bots during a sale, then expand into access, APIs and the network. That is the motion the Korea sales postings describe. All three cases are published by Cloudflare, so in an interview ask which Korean accounts have reached a second or third product.

03 / THE EVIDENCE

The story, in numbers.

DATED OBSERVATIONS

Total annual revenue

USD · B

Company-disclosed total annual revenue in USD billions. Fiscal-year end dates are shown on each point. Historical comparatives follow the cited filing; revenue includes acquisition and currency effects and is not ARR.

Figures, dates & basis +
Total annual revenue
DateValueBasis
2021-12-31$0.656BTotal recognized revenue for the fiscal year ended 2021-12-31. Includes all reported revenue categories.
2022-12-31$0.975BTotal recognized revenue for the fiscal year ended 2022-12-31. Includes all reported revenue categories.
2023-12-31$1.297BTotal recognized revenue for the fiscal year ended 2023-12-31. Includes all reported revenue categories.
2024-12-31$1.67BTotal recognized revenue for the fiscal year ended 2024-12-31. Includes all reported revenue categories.
2025-12-31$2.168BTotal recognized revenue for the fiscal year ended 2025-12-31. Includes all reported revenue categories.

Cloudflare / SEC

Public launch

Cloudflare’s company history dates its public launch to 2010.

Pay per crawl beta announced

Selected site owners could experiment with pricing crawler access.

2025 annual scale disclosed

Cloudflare reported $2.1679B annual revenue.

Read the growth story

Cloudflare earns money from subscriptions and usage. Small customers sign up on the web. Contracted customers sign Enterprise plans, usually for one to three years and mostly non-cancelable, through its sales teams or partners, and in 2025 a substantial majority of revenue came from contracted customers its inside and field sales teams brought in. An account then grows when a customer adds products for another team: access for staff, code on Workers, protection for APIs.

The dated numbers, and what each one measures

Reported annual and quarterly revenue means recognized revenue. Cloudflare also uses a separately defined quarterly annualized revenue basis in its customer metrics. It was $2,167.9M in fiscal 2025, up 29.8%, after $1,669.6M in 2024. Growth then sped up: $639.8M in the first quarter of 2026, up 34%, and $696.1M in the second, up 36%. On 6 August 2026 the company raised its full-year 2026 guidance to $2,864.0M to $2,870.0M, from $2,785.0M to $2,795.0M in February. Guidance is a company forecast, not a result.

Cloudflare's dated numbers, each with what it measures
MeasureValuePeriodBasis
Recognized revenue$2,167.9M, up 29.8%FY2025Company-disclosed
Quarterly revenue$696.1M, up 36%Q2 2026Company-disclosed
Revenue guidance$2,864.0M to $2,870.0MFY2026, given 6 August 2026Company forecast
Large customers (over $100,000 quarterly revenue × 4)4,698, against 3,712 a year earlierQ2 2026Company-disclosed
Dollar-based net retention120%, against 114% a year earlierQ2 2026Company-disclosed
Remaining performance obligations$2,732.0M, 64% due within 12 months30 June 2026Company-disclosed
Asia Pacific revenue$99.4M, 14% of revenue, against $75.1M a year earlierQ2 2026Company-disclosed
Non-GAAP gross margin73.1%, against 76.3% a year earlierQ2 2026Company-disclosed

Cloudflare's large-customer count rose from 3,712 to 4,698 year on year at June 30, 2026. The threshold is $100,000 of quarterly revenue multiplied by four. In Q1 2026 these customers contributed 72% of revenue, versus 69% a year earlier. Dollar-based net retention of 120% compares that quarter's annualized revenue from the prior-year paying cohort with its year-earlier basis, net of expansion, contraction and attrition; professional services and free-to-paid upgrades are excluded. Remaining performance obligations, contracted revenue not yet recognized, were $2,732.0M at June 30, with 64% expected to be recognized within a year. On its February 2026 call, management also cited a $130M five-year total contract signed earlier in 2025, a Q4 record annual contract value of $42.5M, and an AI company's two-year $85M pool-of-funds platform contract with 100% traffic allocation. These contract values are distinct from recognized revenue.

Where it stands against rivals

Cloudflare names three kinds of competitor: makers of on-premises network hardware, cloud vendors that solve one problem such as CDN, DNS, email security or SD-WAN, and parts of the large public clouds. Its case against all three is the same single network, paid for as an operating cost rather than equipment and neutral between clouds. An independent web survey in October 2026 found Cloudflare in front of 26.6% of all websites, against 1.7% for Amazon CloudFront, 0.9% for Fastly and 0.6% for Akamai. That counts websites, not money; large enterprise security budgets are a separate contest.

Investors already price in a lot. In May 2026 one research site's estimate put Cloudflare at about 25 times expected revenue for the next twelve months, against about 5.6 times for Akamai, 4.4 for Okta and 3.6 for Fastly. That premium is a bet on the agent story, and it moves fast: after the 7 May 2026 announcements the stock fell about 19% in after-hours trading, which the press linked to a second-quarter forecast slightly below Wall Street expectations.

Three risks worth naming

The first is concentration. On 18 November 2025 a database permission change doubled the size of a bot-management file, the file spread to every machine, and core traffic began failing at 11:20 UTC until it was largely normal by 14:30. Three weeks later a second incident briefly disrupted Korean platforms including Remember, Baemin and Olive Young. The second is execution: the AI-first operating model and the 20% cut may fall short of what management expects, as its own filing warns, and restructuring charges run up to $165M. The third is margin. Non-GAAP gross margin fell to 73.1% in the second quarter of 2026 from 76.3% a year earlier, below the 75% to 77% long-term range management cited in February, and the company has reported a GAAP net loss in every year since it began operating, $102.3M in 2025. Cash is steadier: free cash flow was $260.6M in 2025.

Two habits help in an interview. Say recognized or quarterly revenue, never ARR, when quoting $696.1M, and keep the 4,698 large customers separate from the roughly 332,000 paying customers at December 31, 2025. Be ready, too, to talk about failure: a seller of one network for everything will be asked what happens when that network goes down, and Korean buyers remember December 2025.

04 / THE PEOPLE

Someone saw it first.

Official photograph of Matthew Prince
Co-founder and CEO

Matthew Prince

Prince co-founded Cloudflare with Michelle Zatlyn and Lee Holloway. The company’s account traces its roots to Project Honey Pot and its public launch in 2010.

The choice behind the company +

His 2025 results commentary emphasizes a broader platform and large enterprise commitments. This extends the original web-protection business into multiple enterprise workloads.

“If agents are the new users of the web, Cloudflare is the platform they run on and the network they pass through.”

Matthew Prince · Fourth quarter and fiscal 2025 results release · 2026-02-10
The decisions behind the company

Three people founded Cloudflare: Matthew Prince, Michelle Zatlyn and Lee Holloway. Prince and Holloway had built Project Honey Pot together. Prince is co-founder and CEO and the voice of nearly every public statement. Zatlyn co-signs the annual founders' letters and the May 2026 email to staff, so the company's largest choices come out in both names.

Four decisions that explain its shape

First, stop rather than watch. The founding decision was to turn a tracking project into a service that blocks attackers in the path of traffic, which is why Cloudflare sits in front of customers' sites rather than beside them. Second, run everything everywhere. Because investors feared added latency, the company built a network in which every service runs in every location, and that is what lets it sell security, delivery and code as one product.

Third, sell like an enterprise company. Cloudflare grew up on product-led growth, where customers find and buy the product themselves. In February 2026 Prince said the company had spent two years moving to true enterprise sales, and that a real enterprise sales team has to be channel first; he credits Mark Anderson with laying out that partner motion. Fourth, take a side in the fight over AI and content. On 1 July 2025 Cloudflare changed its default to block AI crawlers unless they pay creators, arguing that the old deal of content in exchange for search traffic had broken.

We've talked for the last two years about our journey from product-led growth to true enterprise sales.

Matthew Prince · Co-founder and CEO · Fourth quarter 2025 earnings call · 2026-02-10

The hardest call of 2026

On 7 May 2026, the same day it reported 34% quarterly growth, Cloudflare said it would cut more than 1,100 jobs, about 20% of its staff, to move to what it calls an agentic AI-first operating model. The founders wrote that internal AI use had grown more than 600% in three months and that every process, team and role was being reimagined. Departing staff were offered full base pay through the end of 2026, and the founders said they had asked the team to do it once and did not want further cuts in the foreseeable future.

We don’t want to do it again for the foreseeable future.

Matthew Prince and Michelle Zatlyn · Co-founders · Email to the company's staff, published on the company blog · 2026-05-07

For a seller, the detail that matters came from the chief financial officer, Thomas Seifert, on the same call: quota-carrying account executives were not being cut. The support ratios around them would change, and the money freed would buy more quota-carrying capacity. The CEO said the cuts ran across all functions and geographies. This dated statement is distinct from an employment guarantee for a current role.

we are not touching quota-carrying AE sales capacity

Thomas Seifert · Chief Financial Officer · First quarter 2026 earnings call · 2026-05-07

The people closest to a Korea seat

Cho Won-kyun (조원균) has been country manager for Korea since September 2025. He spent 25 or more years at Cisco, F5 and Fortinet and ran Fortinet Korea before joining. Goran Risticevic, vice president and managing director for Asia Pacific, was quoted on his appointment and spoke at the August 2026 Seoul session. 전창우, titled 본부장 (division head), spoke for the company at a Korean cybersecurity conference in June 2026. Globally, Dane Knecht is chief technology officer, and Tom Evans, the chief partner officer quoted on the Korean distributor deals, runs the function the Korea plan leans on.

How it says it works and hires

The company's values are written to be visible. Transparency is a core value, and after its network failed on 18 November 2025 the CEO published a detailed account the same day. Its careers page describes a recruiter conversation, further interviews, and a conversation with senior leadership that includes an Orange Cloud Interview on the behaviors it values. Every employee is an owner of its stock. The Seoul postings add a newer ask: people who use AI tools every day and value curiosity over bureaucracy.

On the worry that Seoul only executes, the evidence points both ways. Strategy, products and the May 2026 restructuring were decided at the top, and global product releases are announced in Korean under the Korea leader's name. But Korea is led by a local security executive with a partner-led plan, and the company reported more than 40 people in the Korea office in August 2026. The August statement is a dated observation of local team size.

05 / THE NEXT CHAPTER

Connect Korean enterprise security needs to a platform contract

Six roles are open in Seoul: two territory account executives, a customer engineer, a senior professional services engineer embedded with customers, and two VoidZero developer tool roles. The sales and engineering seats work as one revenue chain with partners, from the first proof of concept to the first renewal.

LOCAL & REGIONAL LEADERSHIP

Peter Won Kyun Cho / 조원균

Country Manager / AVP, Korea

LinkedIn ↗
Sales and channel
  • Enterprise Sales Director
  • Mid-Market Sales Director
  • Territory Account Executive
  • Business Development Representative
Technical customer work
  • Solutions Engineering Manager, Korea
  • Senior Solutions Engineer
  • Customer Solutions Engineer
Customer success
  • Senior Customer Success Manager
Marketing
  • Senior Marketing Manager
Developer engineering
  • Software Engineer / Pyodide Maintainer
Executive support
  • Executive Assistant

Team shape read from the October 7 public-profile observation and dated Korean reporting. Current company-matched titles form the groups above. The profile filter and overlapping facets describe public associations; they do not establish official headcount or reporting lines.

Why Korea? Why now?+

Cloudflare came to Korea as a network first and a company second. It switched on its 23rd data center in Seoul in 2012 and for about a decade served Korean customers from abroad, with Korean partners such as Megazone Cloud and Bespin Global. When it set up a Korean entity in November 2022, it already listed Korean customers including Neowiz and Hyperconnect, and its stated reasons were the shape of the market: one of the most connected countries online, a strong startup scene, and home to large manufacturers and technology companies. The Asia Pacific head added a practical one in March 2023: until then Korean customers had been supported remotely, and a survey he cited said 20% of Korean companies had moved to the cloud, so the timing looked right. The second phase began in September 2025, when a security industry executive took over as country manager and pitched security and the AI developer platform together. By August 2026 the company said it handled about 114 billion requests and blocked about 783 million threats a day in Korea, and the office aimed at large companies and financial firms through partners. Signet's reading: Korea is a market where Cloudflare already carries heavy traffic and now wants larger, longer contracts.

Seoul joins the network

Cloudflare switches on its 23rd data center, in Seoul, its first network investment in Korea.

Korean entity set up

The Korean legal entity is established, according to the first country manager's account in March 2023.

Korea office announced

Cloudflare announces its Korea office with 김도균 as first country manager and names Korean customers and partners it already serves.

First Korea business plan

At its first Korean press conference the company sets targets of ten times the customers and five times the staff, and pushes zero trust beyond CDN.

Bespin Global becomes a distributor

Bespin Global signs a Korean distribution contract with Cloudflare.

Etivers becomes a distributor

Etivers signs as an official Cloudflare distributor in Korea.

New country manager

Cho Won-kyun (조원균), formerly head of Fortinet Korea, holds his first press conference as Cloudflare's Korea country manager.

More than 40 people in Seoul

At a Seoul media session the company says the Korea office has passed 40 people and will keep a partner-centered strategy aimed at large companies and financial firms.

Understand the Korea opportunity

Cloudflare reached Korea as a network long before it arrived as a company. It switched on its 23rd data center, in Seoul, in 2012, and for about a decade served Korean customers from abroad, with Korean partners. By the time it set up a Korean entity in November 2022, announced that December, it already counted Korean customers such as Neowiz, Hyperconnect, Be My Friends, EJN, Team Blackbird and Radish Media, and worked with Megazone Cloud and Bespin Global. The reasons it gave were about the market itself: one of the most connected countries online, a strong startup scene, and home to large manufacturers and technology companies.

Until now we had to support Korean customers remotely. We plan to strengthen support integrated with the global organization and to set up support by industry. We have high expectations for the Korean market.

Jonathon Dixon · Then vice president and managing director for Asia Pacific, Japan and China · Korea media event, as quoted in Korean trade press; English is a translation of the Korean quotation · 2023-03-07

The first plan was to stop being seen as a CDN vendor. In March 2023 the first country manager, 김도균, told reporters that Koreans often saw Cloudflare only as a CDN company, set targets of ten times the customers and five times the staff, and pushed zero trust as the next product. The Asia Pacific head cited a survey that 20% of Korean companies had moved to the cloud and judged it the right moment.

The second phase: a security executive and a partner model

In September 2025 Cloudflare appointed Cho Won-kyun (조원균) country manager, a security industry executive who had run Fortinet Korea. At his first press conference he pitched security and the AI developer platform together, said Cloudflare handled more than 81 billion requests a day in Korea and blocked 350 million threats, and used PayPal's invoice automation, built in three days on the platform, as the developer example. By August 2026 the company's Korea figures had grown to about 114 billion requests and about 783 million threats a day, the office had passed 40 people, and the stated targets were large companies and financial firms, where he said cloud adoption was speeding up.

The partner-centered strategy is a consistent strategy, and we will expand the business and the organization further together with Korean partners.

조원균 (Cho Won-kyun) · Country manager, Cloudflare Korea · Seoul media session, as quoted in Korean trade press; English is a translation of the Korean quotation · 2026-08-25

The partners are concrete. Bespin Global has been a Korean distributor since 2023 and won an Asia Pacific service delivery partner award in October 2025. Etivers signed as a distributor in May 2025. Megazone Cloud was the only Korean firm among Cloudflare's partner award winners in September 2024, selling CDN, WAF, bot management and DDoS protection to enterprise, crypto, gaming and e-commerce customers. This is the channel-first model the CEO describes, applied in Seoul.

Who the customers are

Olive Young is the named Korean enterprise case, told in the products chapter. Korean coverage of the 5 December 2025 incident listed Remember, Baemin and Olive Young among the platforms affected, which shows how many Korean consumer services already sit behind Cloudflare. In the company's filings Korea is part of Asia Pacific, which produced $99.4M, or 14% of revenue, in the second quarter of 2026, about 32% more than a year earlier by Signet's arithmetic. Incident impact is distinguished from a named direct-customer case, and regional revenue from Korea revenue.

Six open roles, one revenue chain

Six roles were open for Seoul on Cloudflare's own board on 8 October 2026. Two sales seats share their responsibility framework: Senior Territory Account Executive, Korea lists 8+ years under desirable skills, while Territory Account Executive, Korea lists 3 to 5+ years under the same heading. Both list a bachelor’s degree or equivalent in that desirable section. Both own a territory plan, co-sell with partners, structure multi-year, multi-product commitments rather than single-product deals, and stay through onboarding and the first renewal. The Customer Engineer, Korea, based in Seoul or Singapore, is the technical partner to those sellers, carries its own quota and reports to a Customer Engineering Leader. The Senior Professional Services Engineer is a forward deployed engineer placed inside a customer's team, requiring 15+ years in a customer-facing technical role and enterprise experience in APJC, ideally Korea. The last two, VoidZero Developer Relations Engineer and VoidZero Engineer, belong to the team behind Vite and list Seoul as one of five possible locations.

Read together, the first hires are for depth in accounts the office already reaches. The sellers turn a bot or CDN deal into a platform contract with a partner, the customer engineer proves it technically, and the embedded engineer makes it work inside a large, often regulated Korean enterprise. The VoidZero seats are different work: building and teaching open-source developer tools from Seoul.

For the worry that Seoul is a satellite: the office is young, set up in 2022, and global choices such as the May 2026 cut were made at the top. Against that, Seoul has run a data center since 2012, the company reported more than 40 people in the Korea office in August 2026, and the company is hiring for sales, technical validation and post-sale delivery at once. The two sales seats sit in a department the board labels Mid Market, so ask which customers the territory covers and how quota is set.

KOREA OPEN ROLES

5 open roles in Korea

Current Signet catalog · 2026-10-19

FOR YOU

Read the exact seat’s conditions before the mock application.

GTM · Sales · BD

Business Development Representative - Korea

Hybrid / Seoul, South Korea

Posting checked

The work
Generate qualified pipeline and connect Korean prospects with the sales team.
Who fits
Native Korean and working fluency in English.
Keep in mind
Hybrid in Seoul with three office days weekly; employment may depend on authorization to access US-controlled technology.
Solutions Engineer

Customer Engineer, Korea

Seoul, South Korea / Singapore (Hybrid)

Posting checked

The work
Own technical validation, adoption architecture and account expansion with quota.
Who fits
Customer-facing technical experience; required years vary by associate, senior, staff or principal level.
Keep in mind
Seoul or Singapore; travel may reach 20% to 50%; guides implementation.
Customer Success

Senior Professional Services Engineer

Seoul, South Korea (Hybrid)

Posting checked

The work
Work inside customer teams to design, configure, troubleshoot and transfer knowledge.
Who fits
15+ years in a customer-facing technical role.
Keep in mind
Seoul; Korea experience is ideal, regulated-industry work and certifications preferred.
See all 5 roles
GTM · Sales · BD

Senior Territory Account Executive, Korea

Seoul, South Korea (Hybrid)

Posting checked

The work
Own territory and partner co-selling; expand multi-year platform commitments.
Who fits
An offer may require export-control authorization; finalists may be asked to attend an in-person interview at an office or hub.
Keep in mind
Seoul; remains involved through onboarding and first renewal; travel as required.
Engineering · AI

VoidZero Developer Relations Engineer

London, UK / Seoul, South Korea / Singapore / Sydney, Australia / Tokyo, Japan (Hybrid)

Posting checked

The work
Teach through code, docs, videos and talks; connect community feedback with tooling.
Who fits
3+ years as a software engineer, ML engineer or developer-relations practitioner with hands-on coding.
Keep in mind
Seoul among five cities; open-source maintenance and familiarity with VoidZero projects are bonuses.
07 / NOW & NEXT

The next scene is taking shape.

2024 revenue reaches $1.6696B

Cloudflare reported 29% annual revenue growth.

Pay per crawl private beta

The announcement introduced price-setting and charging for participating crawlers.

2025 revenue grows 30%

Annual revenue was $2.1679B and Q4 revenue was $614.5M.

More context on what comes next

The agent bet keeps shipping

Read against the thesis, the past year has three threads. The first is the agent bet. In the week of its sixteenth birthday, from September 28 to October 2, 2026, Cloudflare shipped 46 announcements, including Pay Per Use, which pays enrolled publishers when verified AI buyers use their content, and a Monetization Gateway beta that lets sellers charge AI agents through the HTTP 402 payment code. It builds on the July 2025 decision to block AI crawlers by default unless they pay. In May 2026 it also launched environments for Anthropic's Claude Managed Agents, built with Anthropic.

A smaller company that grows faster

The second is the reshaped company. The June-quarter filing describes the May plan to reduce approximately 20% of staff and estimated up to $165M in total restructuring charges, with substantial completion planned for September 30, 2026. Revenue growth sped up over the same months, to 36% in the second quarter, and guidance went up. The CEO was reported as saying he expects more employees in 2027 than today. On June 1 the company acquired VoidZero for $164.2M in purchase consideration, and Seoul is one of the places it is hiring for that team.

Reliability is the price of sitting in the path

The third is reliability. Two incidents three weeks apart, in November and December 2025, showed that when Cloudflare fails, well-known services fail with it, including Korean ones. The CEO's post-mortem apologized and said that, given Cloudflare's place in the Internet, any outage of any of its systems is unacceptable. Three things are worth watching over the next year. The questions below are Signet’s reading, with product launch dates and reported financial quarters kept distinct.

  • Whether gross margin climbs back into the 75% to 77% range as AI and developer products grow.
  • Whether paying agents and Pay Per Use become reported revenue lines or stay early products.
  • Whether the partner-led push into Korean large companies and financial firms produces named customers beyond Olive Young.

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Research reviewed 2026-10-10

A LITTLE MORE CONTEXT

Understanding Cloudflare.

What does Cloudflare do?

A retailer needs real shoppers to reach its site while attacks, bots and traffic spikes arrive through the same internet. Cloudflare combines application delivery and protection with employee access services and a developer platform, giving teams several ways to manage that boundary.

What is the opportunity in Korea?

Six roles are open in Seoul: two territory account executives, a customer engineer, a senior professional services engineer embedded with customers, and two VoidZero developer tool roles. The sales and engineering seats work as one revenue chain with partners, from the first proof of concept to the first renewal.

Are these confirmed job openings?

Employer postings were checked on 2026-10-10. Availability can change. Mock applications request a review from Signet.

How can I explore the company in more depth?

Follow the company from its vision through products, evidence and people to the Korea team and current roles. Use the table of contents to move within the page, and expand the sections for more context.

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