10 Hot Cybersecurity Companies You Should Watch In 2022
Many of the industry’s most successful cybersecurity companies will prioritize integrating major acquisitions, executing on new channel and technology partnerships, and expanding their services capabilities.
Cloudflare purchased early stage startup Zaraz to boost website speed and security without sacrificing privacy by reducing the impact of third-party marketing and analytics tools. The company also debuted plans to deploy its equipment directly into over 1,000 of the world’s most populated office complexes and multidwelling units to secure and connect their networks.
The San Francisco-based security and performance services vendor recently began offering zero-trust cybersecurity to the federal government to help agencies modernize their infrastructure. Cloudflare is expected to grow revenue by 50 percent over the course of 2021 to $648 million.
Wall Street likes what it’s seen from Cloudflare in 2021, with the company’s stock price jumping 45 percent over the past year to $105.95 per share on a valuation of $34.09 billion. Cloudflare has leveraged its market traction to boost head count by 29 percent during 2021 to 2,491 people, with its most aggressive hiring coming in the IT and sales arenas.