The website-infrastructure and -security company aims to hire about 50 people in Toronto within the next two years. The office is the 12-year-old company’s first in Canada and 16th globally. The firm is hiring in several divisions, including engineering, research and development, customer service, marketing and sales. (The Logic)

Talking point: The company has long had a Canadian presence, but never a workforce in the country. It set up a data centre in the country in 2012, and has thousands of Canadian customers, as well as partnerships with Canadian universities. It’s logged massive growth over the past year as internet use and cyberattacks ballooned during the pandemic. Canada is a particularly fast-growing market: internet traffic increased 60 per cent and cyber attacks jumped 50 per cent between January 2020 and January 2021, according to Cloudflare’s data. The company’s market cap has soared from about US$5 billion when it went public September 2019 to almost US$23 billion today. Michelle Zatlyn, the company’s co-founder, president and chief operating officer, told The Logic the Toronto office will give Cloudflare greater access to the city’s talent pool and make it easier to do business with its growing slate of Canadian customers. “And it’s like a homecoming for me,” said Zatlyn, who’s from Saskatchewan and currently living in San Francisco. “It’s something I personally have wanted to do for the last many years, and now is the right time.”