SAN MATEO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its second quarter ended June 30, 2024. "Q2 marked another strong growth quarter for Backblaze, along with efficient execution driving continued margin expansion and momentum moving up-market," said Gleb Budman, CEO of Backblaze. "We continued our recent string of innovations with the launch of Backblaze B ...

Exhibit 99.1 Backblaze Announces Second Quarter 2024 Financial Results 43% Revenue Growth in B2 Cloud Storage, 27% Revenue Growth Overall in Q2 2024 San Mateo, CA (August 8, 2024)—Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional cloud providers, today announced results for its second quarter ended June 30, 2024. "Q2 marked another strong growth quarter for Backblaze, along with efficient execution driving continued margin expansion and momentum movin ...

"I am pleased to welcome Jason as our chief revenue officer," said Gleb Budman, Backblaze CEO and Chairperson of the Board. "He has an impressive track record that showcases his ability to drive businesses to the next level. His expertise will be crucial as we help more, larger customers break free from traditional cloud walled gardens, move to an open cloud ecosystem, and empower them to do more with their data." Press Contact: Jeanette Foster Communications Manager, Backblaze jfoster@backblaze.com Wakeam ...

SAN MATEO, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the appointment of Jason Wakeam as the company's first Chief Revenue Officer (CRO). Wakeam succeeds Nilay Patel, who previously served as vice president of sales, and has now transitioned to oversee the company's recently established New Markets team with a special focus on AI. "Backblaze's mission deeply resonates wit ...

SAN MATEO, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, will report financial results for its second quarter ending June 30, 2024 on Thursday, August 8, 2024 after market close. Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on August 8, 2024 to discuss the results. Attend the webcast: https://edge.media-server.com/mmc/p/4 ...

"Our inclusion in the Russell Indexes represents another milestone in the company's growth trajectory," said Gleb Budman, CEO of Backblaze. "We are committed to delivering innovative cloud storage for businesses around the world and increasing shareholder value in this $50 billion market." The Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of December 2023, about $10.5 trillion in ...

Backblaze is the cloud storage innovator delivering a modern alternative to traditional cloud providers. We offer high-performance, secure cloud object storage that customers use to develop applications, manage media, secure backups, build AI workflows, protect from ransomware, and more. Backblaze helps businesses break free from the walled gardens that traditional providers lock customers into, enabling customers to use their data in open cloud workflows with the providers they prefer at a fraction of the ...

Core Insights - The partnership between Backblaze and Coalition aims to enhance cyber risk management for businesses by providing access to Backblaze's cloud backup solutions through Coalition's platform [4][10] - The increasing prevalence of ransomware, with a rise of over 15% from FY '22 to FY '23 and average demands reaching nearly $1.4 million, underscores the importance of cyber insurance for businesses [1][5] - Backblaze's Computer Backup solution offers unlimited and automatic endpoint backup, designed to protect critical business data across multiple workstations [8][9] Company Overview - Backblaze, founded in 2007 and headquartered in San Mateo, CA, serves over 500,000 customers in 175 countries, providing high-performance cloud object storage solutions [9] - Coalition is recognized as the world's first Active Insurance provider, focusing on preventing digital risks through a combination of insurance coverage and cybersecurity tools [10] Product Features - Backblaze Computer Backup includes features such as preconfigured installers for quick deployment, default backup of all user data, and predictable pricing for unlimited capacity [8] - Coalition Control® offers policyholders access to automated cyber alerts, expert advice, and third-party risk management tools, enhancing their ability to manage and mitigate cyber threats [10]

Backlink-building and SEO firm LinkDaddy announces the expansion of its Cloud Authority Backlink service, recently adding the Backblaze platform to its portfolio. . June 10, 2024 10:34 PM EDT | Source: Plentisoft More details can be found at https://www.backblaze.com/ A multi-stage process is employed by LinkDaddy to leverage the Backblaze platform, which is joining four other providers in the first of three unique Cloud Authority Backlink packages. The firm develops high-quality targeted content along with ...

SAN MATEO, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud, today announced the launch of Backblaze B2 Live Read. The offering gives customers, particularly media production teams working on live events, the ability to access, edit, and transform content while it is still being uploaded into B2 Cloud Storage, resulting in significantly faster and more efficient workflows. "For our customers, turnaround time is essential, and Live Read promises ...