In March, the company announced it had over 700,000 customers and was on track to generate $100 million in annual revenue. The company offers unlimited backup for Macs and PCs for $5 per month or $50 per year. The company could use the proceeds to invest in its data center infrastructure and expand into new markets.īackblaze was founded in 2007 and is headquartered in San Mateo, California. PricingĪssuming a $M Nasdaq IPO valuation, Backblaze would be the latest in a string of cloud storage companies to go public this year. The final tab is titled “Account,” where you can manage your account settings, such as changing your password, upgrading your plan, etc. The second tab is titled “Settings,” where you can configure various options, such as when to run backups, what files to include/exclude, etc. The first tab is “Files,” where you can view your backups. You will then be presented with the application’s main interface, consisting of several tabs. Once the software has been installed, launch it and sign in with your account credentials. ![]() This can be done by visiting the Backblaze website and clicking the “Download” button once the software has been downloaded, double-clicking on the installer file, and following the prompts to complete the installation. Some users have complained about the quality of the backups specifically that older versions of files are only sometimes available.Īssuming you are already a Backblaze customer, here is how you can use the service:įirst, you need to download and install the Backblaze software.While Backblaze’s pricing is competitive, there are other options on the market.There have been reports of long wait times for customer support and problems with billing. The company has been known to have issues with customer service.There are a few potential drawbacks to using Backblaze as your cloud storage provider: Reliable: Backblaze has a 99.9999% uptime, so you can always access your data when needed. Security: Backblaze uses 256-bit AES encryption to keep your data safe and secure. Easy to use: Backblaze is easy to use and set up, so you can start storing your data immediately. Unlimited storage: Backblaze offers unlimited storage space, so you never have to worry about running out of room. Affordable pricing: Backblaze is one of the most affordable cloud storage providers, with plans starting at just $5/month. There are many benefits of using Backblaze, including the following: What are the Benefits of Using Backblaze? Plus, we keep your backups forever unless you delete them, so you never have to worry about losing your important data. If you ever need to restore your files, you can do so easily via the Backblaze website or mobile app. The software then runs in the background, automatically backing your files to our secure data center. How Does Backblaze Work?įirst, you install the Backblaze software on your computer. Backblaze offers enterprise-level services, such as private clouds and custom data centers. For businesses, Backblaze offers complete backup and archiving for $10 per month per computer. For individuals, Backblaze provides unlimited backup for $5 per month. What Does Backblaze Offer?īackblaze is a cloud storage provider that offers a variety of features and services. It is headquartered in San Mateo, California, and has 85 employees. The company has been profitable since 2009 and generated $32.5 million in revenue in 2016. Computer Backup is an automatic backup solution that backs data from PCs and Macs to the cloud. B2 Cloud Storage is a low-cost cloud storage service that integrates with leading applications such as Amazon S3, Google Cloud Storage, Microsoft Azure, and more. The company has raised $94 million in funding from investors, including Accel Partners, Andreessen Horowitz, Index Ventures, and Kleiner Perkins Caufield & Byers.īackblaze offers two main products: B2 Cloud Storage and Computer Backup. cloud backblaze nasdaq 100m ipo What is Backblaze?įounded in 2007, Backblaze is a cloud storage provider with over 500PB of data stored on its servers. This is good news for the cloud storage industry, which has been consolidating of late with significant players like Dropbox and Google drive exiting the market. The company plans to use the proceeds from the IPO to expand its product offerings and invest in its infrastructure. ![]() It has over 750,000 customers and stores over 50 petabytes of data. Founded in 2007, Backblaze offers unlimited backup for PC and Macs for just $5 per month.
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