Backblaze Lands $5M in Funding

I had the opportunity to meet with Gleb and a few members of the Backblaze team while out in San Francisco. This is a great win for them! Their technology is absolutely incredible and they managed to create their own cloud storage custom built that seriously competes with AWS and other similar cloud storage systems. Their competitors are the big guys in the field, but they should all be worried with the ease of use of their technology, as well as the cost of their inputs. Without going into specific details, let’s just say their cost of servers is MUCH less than their competitors, which allow them to provide their service at such a low monthly price point while also earning profit (as Gleb says, they have been profitable since the early days of the company post-bootstrapping).

If you are in the market for an incredibly simple, easy to use backup solution where you do not have to think of your backup, go with Backblaze. They have an incredible team and an incredible product and I cannot speak anything but highly of them. Congratulations on this round!

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