Backblaze Explained

Backblaze, Inc.
Hq Location:San Mateo, California, U.S.
Type:Public
Traded As:NASDAQ:
Revenue: (2023)
Operating Income: (2023)
Assets: (2023)
Equity: (2023)
Num Employees:381 (December 2023)
Footnotes:[1]

Backblaze, Inc. is an American cloud storage and data backup company based in San Mateo, California. It was founded in 2007 by Gleb Budman and others.[2] Its two main products are their B2 Cloud Storage and Computer Backup services, targeted at both business and personal markets.

History

Backblaze was established in 2007 in San Mateo, California.[3] In 2008, the company released online backup services to support PCs running Apple's macOS and Microsoft Windows.

In October 2021, Backblaze filed to go public on the Nasdaq under the symbol BLZE. In November, the company launched its public IPO.[4]

Backblaze and Catalogic, a data protection vendor, announced their partnership in March 2022.[5]

Since 2013, Backblaze has reported quarterly reliability statistics for its data center hard drives, showing annual failure rates for each model.[6] [7]

Products

Cloud backup

Backblaze's first product was its computer backup, offering users to back up their computer data continuously and automatically with a monthly subscription service.[8]

Backblaze B2 Cloud Storage

In September 2015, Backblaze launched a new product, B2 Cloud Storage. Being an infrastructure as a service (IaaS), it is targeted at software integration for different kinds of businesses.[9]

In May 2020, Backblaze released an Amazon S3-compatible API, allowing customers to use existing tools and applications with B2 Cloud Storage without rewriting them.[10] In May 2022, Backblaze released its cloud replication services, which allow customers to back up and store data in a location that is geographically separate from the data's primary location.[11] [12]

Technology

Data centers

Backblaze has five data centers; four in the United States and one in Europe. Two U.S. data centers are in Northern California near Sacramento, one is in Phoenix, Arizona, and in December 2022, Backblaze took residence in the CoreSite data center in Reston, Virginia.[13] Backblaze's data center in the European Union is located in Amsterdam, Netherlands.[14] In September 2022, Backblaze contracted 1MW of capacity at Nautilus's floating data center in Stockton, California.[15]

Notes and References

  1. Web site: Backblaze, Inc. 2023 Annual Report (Form 10-K) . 1 April 2023 . . 6, 55–56.
  2. Web site: Mellor . Chris . 2022-12-13 . Back up a minute: Backblaze on SMR, storage tiers, and Web3 . 2022-12-23 . Blocks and Files . en-US.
  3. Web site: Novet . Jordan . Amazon cloud storage challenger Backblaze files to go public . 2022-08-19 . CNBC . 18 October 2021 . en.
  4. Web site: Backblaze Stock Could Be The Next Cloudflare In The Making (NASDAQ:BLZE) . 2022-08-19 . seekingalpha.com . 22 November 2021 . en.
  5. Web site: Fay . Joe . 2022-03-14 . Catalogic partners with Backblaze to tackle ransomware and tape maintenance . 2022-09-21 . Blocks and Files . en-US.
  6. Web site: 2022-02-01 . Backblaze HD reliability stats show oldies can be goodies . 2023-07-26 . The Register . en-US.
  7. Web site: 2023-01-31 . Backup Company Reveals Hard Drive Failure Rates For 2022 . 2023-07-26 . Tom's Hardware . en-US.
  8. Web site: Backblaze: Online Backup With Time Machine's Finesse . TechCrunch . 2 June 2008 . 28 March 2016.
  9. Web site: Lardinois . Frederic . 2016-06-28 . Backblaze launches its low-cost cloud storage service out of beta . 2022-10-18 . TechCrunch . en-US.
  10. Web site: Lardinois . Frederic . 2020-05-04 . Backblaze challenges AWS by making its cloud storage S3 compatible . 2023-01-20 . TechCrunch . en-US.
  11. Web site: Sawers . Paul . 2022-06-07 . Backblaze launches 'cloud replication' to help companies store and sync data across regions . 2022-09-27 . VentureBeat . en-US.
  12. Web site: Backblaze B2 offers cross-continent Cloud Replication service . 2022-09-27 . . en.
  13. Backblaze Opens New US East Data Region . globenewswire.com . 13 December 2022 . 12 January 2023.
  14. Web site: 27 August 2019 . Backblaze opens data center in Amsterdam, retains same pricing as US . https://web.archive.org/web/20190914054320/https://www.techrepublic.com/article/backblaze-opens-data-center-in-amsterdam-retains-same-pricing-as-us/ . 2019-09-14 . 27 August 2019 . TechRepublic.com.
  15. Web site: Butler . Georgia . 2022-09-09 . Backblaze contracts 1MW of capacity at Nautilus's floating data center in Stockton, California . 2022-12-23 . www.datacenterdynamics.com . en.