![]() ![]() Another option for rapid data recovery is for Backblaze to send you a USB drive with your files on it. If you ever need a copy of your backed-up data, you can download it directly from the Backblaze website. ![]() You can edit which file types are excluded in the Backblaze settings. This cuts down on the amount of time backups take. By default, many file types won’t be backed up either, including. Network drives won’t be backed up, though. Even if you have multiple large hard drives physically connected to your computer, the data on them will be backed up. Like other cloud storage providers Amazon S3, Microsoft Azure, and Google Cloud, with B2 Cloud Storage you pay only for the amount of data you store and download each month.īackblaze’s Computer Backup product’s standout feature is its unlimited storage space. B2 Cloud Storage is a more versatile, yet complex online storage solution for larger organizations. The Computer Backup service includes unlimited backups from a single computer, including all connected external drives. Great pricing for large data volumes, paired with end-to-end encryption and solid backup tools.Ī feature-packed backup and sync solution that’s easy to integrate with your existing systems.īackblaze products can be split into two services: Computer Backup and B2 Cloud Storage. Highly-competitive pricing on solid cloud backup and cloud storage solutions makes Backblaze a top pick. Relatively pricey - Lacks zero-knowledge encryption Dated web interface - Lacks real-time collaboration tools Relatively slow - Per-device pricing doesn’t suit those with many devices Great real-time collaboration tools - Fine-grained user access controls - Integrates with many other systems Excellent pricing - Physical disk backup service - Versatile file-sharing system Outstanding pricing - Unlimited backups - Rapid data recovery options We wish them many more successes going forward!Īlso, Read an Interview with SkySilk CEO on Parler’s Exit from Amazon: An Allyn-PR Perspective.How does Backblaze compare to its main competitors? Header Cell - Column 0 Backblaze has undoubtedly come a long way since its launch nine years ago. It shows that there is still plenty of room in the cloud storage sector, even as market veterans like Microsoft and Google dominate it. It is an impressive achievement for any business and particularly remarkable for start-ups like Cloud Backblaze Thursday 100M IPO 650MNovetCNBC. The company has a relatively small market share compared to its competitors, so it may be difficult for Backblaze to scale up and become a significant player in the cloud storage industry.Ĭloud storage provider Backblaze’s Thursday 100M IPO was a huge success, with the company raising 650 million.The company relies heavily on Amazon Web Services (AWS) for its infrastructure, so if AWS were to experience an outage or suffer another significant issue, Backblaze could be negatively affected.The company is yet to be profitable, so there is no guarantee that it will ever become profitable.Investing in Backblaze comes with a few potential risks: What risks come with investing in Backblaze? Additionally, Backblaze will finance future acquisitions and expand the business into new markets with the funds. How will the funds be used?īackblaze will invest in infrastructure and growth funds raised from its Thursday IPO. It has over 700,000 customers and stores over 50 petabytes of data. The founders of Backblaze established the company in 2007 and offered unlimited backup space for $5 per month. How much did Backblaze raise in their IPO?Īccording to CNBC, cloud storage company Cloud Backblaze Thursday 100M IPO 650MNovetCNBC raised $150 million in its IPO on Thursday, pricing its shares at $23 each.Īpproximately $1.3 billion is the company’s value. Individual investors can then participate in the IPO through their brokerages. Institutional investors line up, then the IPO prices, and allocate the allocations.The investment bank(s) then “sell” the IPO to institutional investors such as mutual funds and hedge funds.The investment bank(s) then work with the company to determine the best price and timing for the IPO.The company hires an investment bank or bank to underwrite the IPO.Companies often raise capital through IPOs for expansion, acquisitions, or other purposes.Ī typical IPO involves the following steps: What is an IPO?Īn initial public offering (IPO) is the process of selling shares of a privately held company to the public for the first time. With Cloud Backblaze Thursday 100M IPO 650MNovetCNBC, you can restore your data anytime from any device. Backblaze provides safe and secure storage for files of any size and type in the cloud. What risks come with investing in Backblaze?īackblaze is a cloud backup service offering unlimited data backup space.How much did Backblaze raise in their IPO?. ![]()
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