Welcome to our dedicated page for Backblaze news (Ticker: BLZE), a resource for investors and traders seeking the latest updates and insights on Backblaze stock.
Backblaze, Inc. (Nasdaq: BLZE) is a cloud storage company that focuses on high-performance cloud object storage and computer backup services. Its news flow reflects this focus on storage for the AI era, multi-cloud strategies, and transparent cloud economics. Company press releases highlight how Backblaze positions itself as an independent cloud provider that removes barriers related to lock-in, complexity, and cost.
Investors and technology professionals following BLZE news will see updates on topics such as AI and data-intensive workloads, media and entertainment storage, and creator-focused platforms. Recent announcements include integrations of Backblaze B2 Cloud Storage with third-party platforms like Shareio for creator monetization, participation in industry events such as the Gartner IT Infrastructure, Operations, & Cloud Strategies Conference and the Sports Video Group Summit, and commentary on cloud storage cost challenges through research with Dimensional Research.
Backblaze also regularly publishes and promotes transparency initiatives through its news, including Drive Stats reports on hard drive reliability, Performance Stats reports benchmarking cloud storage performance across providers, and Network Stats reports analyzing how AI workloads are reshaping data flows. Financial results, restructuring plans, and stock repurchase programs are disclosed via press releases and associated SEC filings, providing additional context for investors tracking the company’s strategy and operations.
This BLZE news page aggregates these updates so readers can review announcements on partnerships, product-related initiatives, benchmarking reports, and corporate developments in one place. For those monitoring the evolution of cloud storage in support of AI, media, and large-scale data workflows, Backblaze’s news offers insight into how the company is positioning its storage cloud and responding to industry trends.
Backblaze (BLZE) has announced a new partnership with Kasten by Veeam to enhance disaster recovery and business continuity for Kubernetes applications. This collaboration allows companies to back up and restore their Kubernetes applications using Backblaze's B2 Cloud Storage service. Key features include protection against ransomware, regulatory compliance support, and enterprise-grade scalability. Organizations only pay for the storage they use, with no penalties for deleting past backups. This solution aims to address the growing need for robust data protection amid increasing cyber threats.
Backblaze, Inc. (Nasdaq: BLZE) reported strong third quarter results, achieving a 25% revenue growth year-over-year with total revenue of $17.3 million. Notably, B2 Cloud Storage revenue surged 59% YoY, reaching $6.0 million, while Computer Backup revenue increased by 13% to $11.2 million. The company posted a net loss of $6.0 million and adjusted EBITDA of $0.8 million. Annual recurring revenue rose by 28% to $70.8 million, with a net revenue retention rate of 110%. The financial outlook for Q4 2021 projects revenue between $17.7 million and $18.2 million.
Backblaze, Inc. (BLZE) will report its fiscal Q3 2021 financial results on December 13, 2021, after market close. This report is notably delayed as it follows the company's IPO on November 10, 2021. A conference call will take place at 2 p.m. PT to discuss these results, with a webcast available for attendees. Backblaze, a cloud storage platform, provides data management services globally, managing nearly two exabytes of data for clients in over 175 countries since its founding in 2007.
Backblaze, a prominent cloud storage provider, has priced its initial public offering (IPO) at