About Backblaze
Backblaze is a company based in San Mateo (United States) founded in 2007.. Backblaze has raised $5.3 million across 2 funding rounds from investors including Trinity Cap. The company has 346 employees as of December 31, 2024. Backblaze operates in a competitive market with competitors including Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others.
- Headquarter San Mateo, United States
- Employees 346 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Backblaze, Inc.
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Annual Revenue
$127.63 M25.1as on Dec 31, 2024
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Net Profit
$-48.53 M18.73as on Dec 31, 2024
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EBITDA
$-13.1 M55.41as on Dec 31, 2024
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Total Equity Funding
$5.3 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Jul 25, 2012
- Investors
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Employee Count
346
as on Dec 31, 2024
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IPO & Listings of Backblaze
Backblaze is a publicly listed company on the NASDAQ with ticker symbol BLZE in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Backblaze
Backblaze has successfully raised a total of $5.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $5.0M
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First Round
First Round
(15 Apr 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Series A - Backblaze | Valuation |
investors |
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| Apr, 2009 | Amount | Seed - Backblaze | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Backblaze
Backblaze has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Trinity Cap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt and equipment financing are provided to growth-stage companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Backblaze
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Backblaze
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Backblaze Comparisons
Competitors of Backblaze
Backblaze operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| domain | founded_year | HQ Location |
Compliance management solutions for financial institutions' communications are provided.
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| domain | founded_year | HQ Location |
Back up products
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| domain | founded_year | HQ Location |
Cloud-based backup and recovery solutions are offered for data protection.
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| domain | founded_year | HQ Location |
Enterprise data backup is managed via cloud-based software.
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| domain | founded_year | HQ Location |
Cloud storage and secure backup solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Backblaze
Frequently Asked Questions about Backblaze
When was Backblaze founded?
Backblaze was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Backblaze located?
Backblaze is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Backblaze a funded company?
Backblaze is a funded company, having raised a total of $5.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Apr 15, 2009.
How many employees does Backblaze have?
As of Dec 31, 2024, the latest employee count at Backblaze is 346.
What is the annual revenue of Backblaze?
Annual revenue of Backblaze is $127.63M as on Dec 31, 2024.
What does Backblaze do?
Backblaze was founded in 2007 and is headquartered in San Mateo, United States. Operations focus on the cloud storage sector, where data backup and management services are provided to both individual and enterprise customers. Subscription-based plans are utilized to ensure protection of critical business data across multiple computers. Tailored solutions for personal archiving and scalable enterprise storage are maintained through the platform.
Who are the top competitors of Backblaze?
Is Backblaze publicly traded?
Yes, Backblaze is publicly traded on NASDAQ under the ticker symbol BLZE.
Who are Backblaze's investors?
Backblaze has 1 investor. Key investors include Trinity Cap.
What is Backblaze's ticker symbol?
The ticker symbol of Backblaze is BLZE on NASDAQ.
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