Backblaze, Inc., a storage cloud platform, provides businesses and consumers with solutions to store, use, and protect the data worldwide. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, including backups, multi-cloud, application development, and ransomware protection. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides as a subscription-based Software-as-a-Service and serves use cases comprising computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.
IPO Year: 2021
Exchange: NASDAQ
Website: backblaze.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/18/2022 | $26.00 → $22.00 | Outperform | Raymond James |
12/6/2021 | $28.00 | Buy | Lake Street |
12/6/2021 | Outperform | William Blair | |
12/6/2021 | $26.00 | Outperform | Raymond James |
12/6/2021 | Outperform | Oppenheimer | |
12/6/2021 | $30.00 | Market Outperform | JMP Securities |
12/6/2021 | $29.00 | Buy | B. Riley Securities |
SAN MATEO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Dave Cotten and Teresa Dodson joined the company's sales leadership team. "Adding these seasoned, senior-level sales leaders reinforces our commitment to delivering open cloud solutions that allow our customers to do more with their data," said Jason Wakeam, Chief Revenue Officer at Backblaze. "Dave and Teresa bring sales experience and a strategic approach to deepen relationships and better serve our customers and partners." The news follows the recent appointment of Jason Wakeam as the compan
SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its second quarter ended June 30, 2024. "Q2 marked another strong growth quarter for Backblaze, along with efficient execution driving continued margin expansion and momentum moving up-market," said Gleb Budman, CEO of Backblaze. "We continued our recent string of innovations with the launch of Backblaze B2 Live Read in June. This transformative, patent-pending feature enables customers to use their data during the upload process, which has unique value for live broadcast workflows. "Add
SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced Marc Suidan is joining the company as Chief Financial Officer (CFO), effective August 16, 2024. "I am excited to welcome Marc as our Chief Financial Officer," said Gleb Budman, Backblaze CEO and Chairperson of the Board. "He has deep knowledge and experience strategically guiding companies through financial growth. His expertise and leadership will be a valuable asset as we empower customers to move to an open cloud and to do more with their data." Suidan brings to Backblaze more than 20 years of exp
SAN MATEO, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the appointment of Jason Wakeam as the company's first Chief Revenue Officer (CRO). An industry veteran with nearly three decades of global leadership experience, Wakeam brings a proven track record of driving growth and innovation at technology companies. Wakeam previously served as a vice president of global sales at SnapLogic. He has also held leadership roles in a range of public and private companies including Cloudera, Microsoft, and Hewlett-Packard. In his new role, Wakeam will spearhead the co
SAN MATEO, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its second quarter ending June 30, 2024 on Thursday, August 8, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on August 8, 2024 to discuss the results. Attend the webcast: https://edge.media-server.com/mmc/p/47dcvumdRegister to listen by phone: https://dpregister.com/sreg/10190613/fcff4b25e9 Phone registrants will receive dial-in information via email. An archive of the webcast will be ava
SAN MATEO, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, is set to join the broad-market Russell 3000® and small-cap Russell 2000® Indexes in connection with the Russell U.S. Indexes annual reconstitution, effective Monday, July 1, 2024. "Our inclusion in the Russell Indexes represents another milestone in the company's growth trajectory," said Gleb Budman, CEO of Backblaze. "We are committed to delivering innovative cloud storage for businesses around the world and increasing shareholder value in this $50 billion market." The Russell Indexes are widely used by investmen
SAN MATEO, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a new partnership with Active Cyber Insurance provider Coalition to help businesses proactively reduce their cyber risk. The partnership provides Coalition's customers with direct access to Backblaze Computer Backup, an enterprise-grade, unlimited, and automatic endpoint backup solution, via the Coalition Control® cyber risk management platform. Many businesses have gaps in their cyber security posture that disqualify them from cyber insurance coverage, especially when it comes to immutable, off-site
SAN MATEO, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized storage cloud, today announced the launch of Backblaze B2 Live Read. The offering gives customers, particularly media production teams working on live events, the ability to access, edit, and transform content while it is still being uploaded into B2 Cloud Storage, resulting in significantly faster and more efficient workflows. This patent-pending innovation is a brand new type of service in cloud workflows, replacing cost prohibitive and complicated options that often required on-premises storage. Leading media and entertainment (M&E) production solution providers including Teles
SAN MATEO, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized storage cloud, today announced it has joined Internet2, a non-profit advanced technology community that delivers tailored solutions and a high-speed national network dedicated to research and education. This new collaboration includes: Connecting the Backblaze Storage Cloud to Internet2's network as part of the Internet2 Peer Exchange (I2PX) program.Participating in the Internet2 Cloud Scorecard to offer research and educational institutions relevant detail on Backblaze's security, compliance, and technology specifications aligned with community standards. Internet2 enables rese
SAN MATEO, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized storage cloud, today announced participation in the following investor conference: Needham Technology, Media, & Consumer Conference, New York, NY. Gleb Budman, founder and CEO at Backblaze, is presenting on Wednesday, May 15, 2024, at 10:15 a.m. ET. The presentation will be webcast. Link to the live and archive webcast will be available on Backblaze's investor relations website at https://ir.backblaze.com. About Backblaze Backblaze makes it astonishingly easy to store, use, and protect data. The Backblaze Storage Cloud provides a foundation for businesses, developers, IT professio
3 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
4 - Backblaze, Inc. (0001462056) (Issuer)
S-8 - Backblaze, Inc. (0001462056) (Filer)
10-Q - Backblaze, Inc. (0001462056) (Filer)
8-K - Backblaze, Inc. (0001462056) (Filer)
8-K - Backblaze, Inc. (0001462056) (Filer)
EFFECT - Backblaze, Inc. (0001462056) (Filer)
10-Q - Backblaze, Inc. (0001462056) (Filer)
8-K - Backblaze, Inc. (0001462056) (Filer)
S-3 - Backblaze, Inc. (0001462056) (Filer)
DEFA14A - Backblaze, Inc. (0001462056) (Filer)
DEF 14A - Backblaze, Inc. (0001462056) (Filer)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
SC 13G/A - Backblaze, Inc. (0001462056) (Subject)
Raymond James reiterated coverage of Backblaze with a rating of Outperform and set a new price target of $22.00 from $26.00 previously
Lake Street initiated coverage of Backblaze with a rating of Buy and set a new price target of $28.00
William Blair initiated coverage of Backblaze with a rating of Outperform
Raymond James initiated coverage of Backblaze with a rating of Outperform and set a new price target of $26.00
Oppenheimer initiated coverage of Backblaze with a rating of Outperform
JMP Securities initiated coverage of Backblaze with a rating of Market Outperform and set a new price target of $30.00
B. Riley Securities initiated coverage of Backblaze with a rating of Buy and set a new price target of $29.00
Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a new partnership with Active Cyber Insurance provider Coalition to help businesses proactively reduce their cyber risk. The partnership provides Coalition's customers with direct access to Backblaze Computer Backup, an enterprise-grade, unlimited, and automatic endpoint backup solution, via the Coalition Control® cyber risk management platform.
Gainers Zapata Computing Holdings (NASDAQ:ZPTA) stock moved upwards by 7.0% to $0.9 during Monday's after-market session. The market value of their outstanding shares is at $28.7 million. Quantum (NASDAQ:QMCO) shares moved upwards by 4.99% to $0.51. The market value of their outstanding shares is at $48.3 million. Pagaya Techs (NASDAQ:PGY) shares moved upwards by 4.92% to $11.72. The company's market cap stands at $830.9 million. Backblaze (NASDAQ:BLZE) stock moved upwards by 4.86% to $6.47. The company's market cap stands at $268.3 million. ReAlpha Tech Corp (NASDAQ:AIRE) stock increased by 3.92% to $1.06. The company's market cap stands at $46.7 million. MicroAlgo (NASDAQ:MLGO) stock
Gainers Consensus Cloud Solns (NASDAQ:CCSI) stock moved upwards by 36.3% to $18.03 during Thursday's regular session. The company's market cap stands at $346.4 million. As per the news, the Q1 earnings report came out yesterday. SiTime (NASDAQ:SITM) stock moved upwards by 30.1% to $126.1. The market value of their outstanding shares is at $2.8 billion. As per the news, the Q1 earnings report came out yesterday. Pagaya Techs (NASDAQ:PGY) shares rose 22.76% to $12.89. The market value of their outstanding shares is at $908.4 million. As per the news, the Q1 earnings report came out today. 8x8 (NASDAQ:EGHT) shares increased by 17.94% to $2.76. The company's market cap stands at $340.6 milli
Financial Outlook:Based on information available as of the date of this press release,For the second quarter of 2024 we expect:Revenue between $30.7 million to $31.1 millionAdjusted EBITDA margin between 6% to 8%Basic shares outstanding of 42.0 million to 42.5 million sharesFor full-year 2024 we expect:Revenue between $126.0 million to $128.0 millionAdjusted EBITDA margin between 8% to 10%
Backblaze (NASDAQ:BLZE) reported quarterly losses of $(0.14) per share which beat the analyst consensus estimate of $(0.29) by 51.72 percent. This is a 46.15 percent increase over losses of $(0.26) per share from the same period last year. The company reported quarterly sales of $29.968 million which beat the analyst consensus estimate of $29.741 million by 0.76 percent. This is a 28.10 percent increase over sales of $23.394 million the same period last year.
Gainers XIAO-I (NASDAQ:AIXI) stock moved upwards by 5.7% to $1.29 during Tuesday's after-market session. The market value of their outstanding shares is at $92.9 million. The company's, FY earnings came out today. Aware (NASDAQ:AWRE) stock moved upwards by 5.1% to $2.06. The company's market cap stands at $43.4 million. Focus Universal (NASDAQ:FCUV) shares moved upwards by 5.0% to $0.3. The company's market cap stands at $19.7 million. Hitek Global (NASDAQ:HKIT) shares rose 4.76% to $1.54. The company's market cap stands at $22.1 million. Aurora Innovation (NASDAQ:AUR) stock increased by 4.14% to $2.89. The market value of their outstanding shares is at $4.4 billion. CCC Intelligent So
During the last three months, 4 analysts shared their evaluations of Backblaze (NASDAQ:BLZE), revealing diverse outlooks from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 2 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Backblaze, presenting an average target of $12.25, a high estimate of $14.00, and a low estimate of $11.00. Marking an increase of 23.9
Oppenheimer analyst Ittai Kidron maintains Backblaze (NASDAQ:BLZE) with a Outperform and raises the price target from $11 to $13.
SAN MATEO, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Dave Cotten and Teresa Dodson joined the company's sales leadership team. "Adding these seasoned, senior-level sales leaders reinforces our commitment to delivering open cloud solutions that allow our customers to do more with their data," said Jason Wakeam, Chief Revenue Officer at Backblaze. "Dave and Teresa bring sales experience and a strategic approach to deepen relationships and better serve our customers and partners." The news follows the recent appointment of Jason Wakeam as the compan
SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced Marc Suidan is joining the company as Chief Financial Officer (CFO), effective August 16, 2024. "I am excited to welcome Marc as our Chief Financial Officer," said Gleb Budman, Backblaze CEO and Chairperson of the Board. "He has deep knowledge and experience strategically guiding companies through financial growth. His expertise and leadership will be a valuable asset as we empower customers to move to an open cloud and to do more with their data." Suidan brings to Backblaze more than 20 years of exp
SAN MATEO, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the appointment of Jason Wakeam as the company's first Chief Revenue Officer (CRO). An industry veteran with nearly three decades of global leadership experience, Wakeam brings a proven track record of driving growth and innovation at technology companies. Wakeam previously served as a vice president of global sales at SnapLogic. He has also held leadership roles in a range of public and private companies including Cloudera, Microsoft, and Hewlett-Packard. In his new role, Wakeam will spearhead the co
SAN MATEO, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, is set to join the broad-market Russell 3000® and small-cap Russell 2000® Indexes in connection with the Russell U.S. Indexes annual reconstitution, effective Monday, July 1, 2024. "Our inclusion in the Russell Indexes represents another milestone in the company's growth trajectory," said Gleb Budman, CEO of Backblaze. "We are committed to delivering innovative cloud storage for businesses around the world and increasing shareholder value in this $50 billion market." The Russell Indexes are widely used by investmen
SYDNEY, Australia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Omniscient Neurotechnology, the brain mapping company creating new possibilities in brain health, today announced the appointment of Barbara Nelson and Surbhi Sarna to its board of directors. Both appointees are visionaries across the biotech, healthcare and technology industries and bring a unique perspective to the company's corporate strategy and growth. They, along with the existing board members, will strategically guide Omniscient as it develops products that unlock new insights into advanced brain care. "Omniscient is a global leader in connectomics, but we have much work ahead of us to scale to our full potential," said Chairma
SAN MATEO, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), today announced that Kevin Gavin has joined the company as chief marketing officer (CMO) to lead the company's marketing efforts. The addition of a seasoned CMO furthers the company's scaling of its growth initiatives following its recent IPO in November, 2021. Gavin brings extensive marketing and public company experience as CMO and expands Backblaze's in-house expertise to deepen the company's customer engagement and grow its brand awareness. "Kevin is a forward-thinking CMO with a proven track record of leading teams at high-growth companies," said Gleb Budman, Backblaze CEO and Chairperson of the Boar
SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its second quarter ended June 30, 2024. "Q2 marked another strong growth quarter for Backblaze, along with efficient execution driving continued margin expansion and momentum moving up-market," said Gleb Budman, CEO of Backblaze. "We continued our recent string of innovations with the launch of Backblaze B2 Live Read in June. This transformative, patent-pending feature enables customers to use their data during the upload process, which has unique value for live broadcast workflows. "Add
SAN MATEO, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its second quarter ending June 30, 2024 on Thursday, August 8, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on August 8, 2024 to discuss the results. Attend the webcast: https://edge.media-server.com/mmc/p/47dcvumdRegister to listen by phone: https://dpregister.com/sreg/10190613/fcff4b25e9 Phone registrants will receive dial-in information via email. An archive of the webcast will be ava
SAN MATEO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), a leading specialized storage cloud platform, today announced results for its first quarter ended March 31, 2024. "We had a record start to 2024, with dramatically improved financial metrics year over year including Q1 revenue growth of 28% compared to 20%, and adjusted EBITDA margin of 6% versus -12%," said Gleb Budman, CEO of Backblaze. "Additionally, we continued to deliver innovative products with the recent introduction of Event Notifications, a powerful service that enables customers to build automated workflows using open cloud providers." First Quarter 2024 Financial Highlights: Revenue of $30.0 m
SAN MATEO, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized cloud storage platform, will report financial results for its first quarter ending March 31, 2024 on Wednesday, May 8, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on May 8, 2024 to discuss the results. Attend the webcast: https://edge.media-server.com/mmc/p/5kr5u64iRegister to listen by phone: https://dpregister.com/sreg/10187654/fc08c68b54 Phone registrants will receive dial-in information via email. An archive of the webcast will be available shortly after its completion on the Inve
SAN MATEO, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), a leading specialized storage cloud platform, today announced results for its fourth quarter and year ended December 31, 2023. "Backblaze capped off a strong finish to the year with our B2 Cloud Storage revenue growing 47% in Q4 and delivered adjusted EBITDA profitability for the first time as a public company," said Gleb Budman, CEO of Backblaze. "We exited 2023 with accelerated revenue growth and dramatically improved profitability and cash usage metrics. I'm excited for the coming year as Backblaze continues to move up in the mid-market and help customers who are poorly served by legacy solutions to b
SAN MATEO, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized cloud storage platform, will report financial results for its fourth quarter and fiscal year ending December 31, 2023 on Thursday, February 15, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on February 15, 2024 to discuss the results. Attend the webcast: https://edge.media-server.com/mmc/p/twbh9cnvRegister to listen by phone: https://dpregister.com/sreg/10185341/fb4e51bda7 Phone registrants will receive dial-in information via email. An archive of the webcast will be available shortly af
SAN MATEO, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized storage cloud, today announced results for its third quarter ended September 30, 2023. "In Q3, we passed the $100 million in ARR milestone and are on track to achieve adjusted EBITDA profitability in Q4 through continued strong growth and efficient execution. As part of our leadership in the open cloud movement, we recently added free egress, significant performance improvements, and new functionality to increasingly support our customers' ability to break free from limitations on their data," said Gleb Budman, CEO of Backblaze. "Looking ahead, our recent price increase supports c
SAN MATEO, Calif., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized storage cloud platform, will report financial results for its third quarter ending September 30, 2023 on Wednesday, November 8, 2023 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on November 8, 2023 to discuss the results. Attend the webcast: https://edge.media-server.com/mmc/p/9i5mex99Register to listen by phone: https://dpregister.com/sreg/10182596/fa72df8918 Phone registrants will receive dial-in information via email. An archive of the webcast will be available shortly after its completio
SAN MATEO, Calif., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized cloud storage provider, today announced an update to its annual guidance for 2023 as a result of pricing increases and product updates across Computer Backup and B2 Cloud Storage products. For more details on these changes, please refer to our blog post. Backblaze's full-year revenue outlook has been revised to $100 to $102M from prior guidance of $98 to $102 million, raising the midpoint to $101M compared to the previous midpoint of $100M. The company's guidance range for adjusted EBITDA was also improved to (6.5)% to (4.5)% versus a previous range of (8.5)% to (4.5)%. The company
SAN MATEO, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the leading specialized storage cloud, today announced results for its second quarter ended June 30, 2023. "In Q2 we were pleased to continue moving up-market, growing the number of customers generating over $50,000 in annual recurring revenue by 54% year-over-year and increasing engagement with other larger potential customers. We also signed our biggest computer backup deal ever with a leading global social media company," said Gleb Budman, CEO of Backblaze. "We are excited to assist more businesses in moving out of the walled gardens of traditional cloud providers to an open cloud where customers are em