San Mateo, California-based Backblaze was founded to develop a cloud-based SaaS storage service suite for businesses and consumers wishing to easily backup and store their critical data. The firm provides a data storage platform for businesses and consumers worldwide.įor investors seeking access to a growing small cap cloud storage company aimed at the SMB market, the IPO is worth consideration. It does not store any personal data.Blue Planet Studio/iStock via Getty Images A Quick Take On Backblazeīackblaze ( NASDAQ: BLZE) has filed to raise $100 million in an IPO of its Class A common stock, according to an S-1/A registration statement. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is used to store the user consent for the cookies in the category "Other. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Locate My Computer, Preview/Access/Share, two-factor verification, iOS/Android apps, network management, Save to B2, and many of the other features/functions not only incurred development costs but have ongoing server/bandwidth expenses.Įmail: *protected email* Phone: 703.359.0700ĭigital Forensics/Information Security/Information Technology It’s a program our customers love but most other players in the industry have abandoned due to the costs of shipping, packaging, drive replacement, etc. We also introduced the Restore Return Refund program. Expanded the maximum size of Restore by Mail from 0.5 TB to 8 TB on a hard drive, and from a 4 GB DVD to a 256 GB flash drive. This means your data gets backed up as fast as your setup allows. Combined small files into bundles, added threading to allow 30 backup processes at once, and added automatic thread management. Originally 4GB was the maximum size any individual file could be and VM images, ISOs, plus other file types that aren’t typically user data were excluded. Removed all limits on what can be backed up.Besides, there are some improvements to the service that make the increase worthwhile according to The Verge. The price increase really isn’t that bad. If you pay annually, the price will increase from $50 to $60 for the year. Seriously, most of us can afford a buck a month increase. If you pay month-to-month, the price is going to go from $5 to $6. Shocker, but Backblaze is raising the price for the backup service. Backblaze Cloud Backup Service Increasing Pricesīackblaze is an excellent service for backing up data to the cloud.
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