Cloudflare, Inc. (NYSE: NET), the security, performance and reliability company helping to build a better Internet, today announced that Cloudflare R2 Storage, the distributed object storage that eliminates the cost of egress, is now generally available is. Cloudflare’s R2 storage gives developers a better way to store and access everything they need. Whether it’s storage for large media files, logs, or web content delivery, Cloudflare R2 offers flexibility with no egress fees. R2 offers developers both an S3-compatible API that enables seamless migration and powerful integration with Cloudflare Workers, Cloudflare’s highly scalable serverless computing platform. Developers can focus on innovation – building the applications and websites they need – without worrying about the cost of data storage and vendor lock-in.
“Egress fees are nothing more than a tax imposed on developers that stifles innovation and creativity. We’re redefining how developers work with object storage, enabling them to focus on innovation rather than the cost of accessing their data. For this reason, R2 storage will never be subject to egress fees,” said Matthew Prince, co-founder and CEO of Cloudflare. “Cloudflare is dedicated to helping build a better internet. That means we’re focused on making the internet faster, safer and more affordable for everyone. We were blown away by the initial interest in R2 memory. We encourage any developer who wants a better way of storage to sign up and switch to R2 today.”
When creating websites and applications, developers need a place where they can store large amounts of unstructured data, photos, videos and graphics that can be accessed quickly and easily. However, many cloud providers today are increasingly charging developers for outrageous bandwidth fees to access their data, resulting in unnecessarily expensive cloud storage and vendor lock-in, and making it impossible for developers to easily use the stored data. Cloudflare R2 Storage frees developers from that vendor lock-in—and egress fees—by automatically migrating data from S3-compatible services to Cloudflare’s high-performance object storage.
“The egress fees we paid our existing storage providers to retrieve our own content had slowly increased to over six figures per year. So we looked for a way to reduce costs,” said Adam Gamble, CTO of Vecteezy, a popular design community and resource for high-quality graphics. “We were excited to participate in the beta phase for our R2 memory and cache reserve to see what our cost savings could be. Thanks to the S3-compatible API, minimal changes were required for our internal tools to work with the data stored in R2.”
Since the launch of the R2 Storage service as an open beta eight weeks ago, over 11,000 developers have created an active account with R2 Storage. The global general availability of R2 allows developers to focus on innovation instead of worrying about the cost of storing their data. You can:
- reduce their cloud providers bills for egress fees and storage: Cloudflare’s goal is to make R2 Storage the most cost-effective option for high-performance object storage, regardless of size. That’s why Cloudfare is determined to eliminate egress fees, provide object storage that’s at least 10% cheaper than S3 Standard, and make occasional access completely free for the customer.
- Benefit from the power of object storage built with Cloudflare’s global network: Leveraging Cloudflare Workers and Durable Objects, R2 Storage provides low latency and high throughput storage for the most demanding applications.
- Take full advantage of the power and scale of Cloudflare Workers in their applications: R2 Storage is fully integrated with the Cloudflare Workers runtime, making creating data pipelines and manipulating objects incredibly easy.
- Access data efficiently from anywhere: Cloudflare’s global network spans 275 cities in more than 100 countries. That’s why developers can use R2 storage to quickly and easily reach a global audience without having to deploy data centers around the world.
- Integrate R2 Storage across Cloudflare’s product portfolio: Developers working with other Cloudflare products such as Access or Cache can seamlessly integrate R2 Storage throughout their Cloudflare environment.
- seamlessly integrate R2 storage into existing workflows: Thanks to the S3-compatible API and Workers APIs, developers can easily migrate data from S3 or leverage the power of Cloudflare’s global network. Now developers can work in whatever way is easiest for them. This minimizes the barrier to using R2 storage.
For more information on getting started with Cloudflare R2 Storage see below:
Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is dedicated to helping build a better internet. Cloudflare products protect and accelerate all internet applications online without additional hardware, installation of software and without changing a single line of code. All web traffic from Internet objects powered by Cloudflare is routed through its intelligent global network, which gets smarter with every new request. As a result, there is a significant increase in performance and a decrease in spam and other attacks. Cloudflare was named a 2018 list of companies with top cultures by Entrepreneur magazine and ranked among the 2019 Most Innovative Companies in the World by Fast Company. Cloudflare is headquartered in San Francisco, California, with offices in Austin, Texas, Champaign, Illinois, New York, New York, San Jose, California, Seattle, Washington, Washington, DC, Toronto, Lisbon, London, Munich, Paris, Beijing, Singapore, Sydney and Tokyo.
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 significant risks and uncertainties. In some cases, you can identify forward-looking statements by words such as “may”, “will”, “should”, “expect”, “explore”, “plan”, “anticipate”, “could”, “intend”, “target”, “project”, “consider”, “believe”, “estimate”, “predict”, “potential” or “continue” or the negative of these words or other similar words or phrases that express the expectations, strategy, affect Cloudflare’s plans or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied by this press release include, but are not limited to, statements regarding the capabilities and effectiveness of using Cloudflare R2 Storage, Cloudflare Workers and other Cloudflare products and technology, the expected functionality and performance of Cloudflare R2 Storage, Cloudflare Workers and other Cloudflare products and technology, the timing when new features of Cloudflare R2 Storage will be generally available to all current and prospective customers, the pricing of Cloudflare R2 Storage compared to third-party products, the technological evolution of Cloudflare , future business, growth, initiatives or strategies, and comments from Cloudflare’s CEO and others. Cloudflare’s actual results could differ materially from those expressed or implied by any forward-looking statements due to a number of factors, including but not limited to risks detailed in Cloudflare’s filings with the SEC, including the Cloudflare quarterly report on Form 10-Q filed August 4, 2022 and other filings Cloudflare may file with the SEC from time to time.
The forward-looking statements set forth in this press release speak only to events as of the date the statements are made. Except as required by law, 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 to reflect new information or the occurrence of unanticipated events. Cloudflare may not achieve the plans, intentions or expectations disclosed in the forward-looking statements, and readers should not place undue reliance on Cloudflare’s forward-looking statements.
© 2022 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks 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.
The source language in which the original text is published is the official and authorized version. Translations will be included for a better understanding. Only the language version that was originally published is legally valid. Therefore, compare translations with the original language version of the publication.
Member of the Board and Head of Global Corporate Communications
© Business Wire, Inc.
This press release is not a document prepared by AFP. AFP assumes no responsibility for their content. If you have any questions, please get in touch with the contact persons/offices mentioned in the text of the press release.