https://techcrunch.com/2021/09/28/cloudflare-enters-infrastructure-services-market-with-new-r2-storage-product/

Cloudflare, which has a network of data centers in 250 locations around the world, announced its first dalliance with infrastructure services today, an upcoming cloud storage offering called R2.

Company co-founder and CEO Matthew Prince, says that the idea for moving into storage as a service came from the same place as other ideas the company has turned into products. It was something they needed in-house and that led to them building it for themselves, before offering it to customers too.