CFO Frank Patchel did say Backblaze was seeing some softness in data growth and that is factored into the outlook. For those with just one computer to worry about, Backblaze is cost-effective compared with other online backup services. If you set maxFileCount to more than 1000 and more than 1000 are returned, the call will be billed as multiple transactions, as if you had made requests in a loop asking for 1000 at a time. The maximum number of files returned per transaction is 1000.
The Q2 outlook is for revenues between $20.2 million and $20.6 million. NOTE: b2listfileversions is a Class C transaction (see Pricing ). Commvault and Veeam are also partnering Backblaze, using it as a backup target. CTERA offers cloud-based Network Attached Storage (NAS) and uses Backblaze’s B2 as the storage cloud underlying the offering. Catalogic integrates Backblaze’s B2 to provide customers, such as developers, with backups designed to be impervious to cybercriminals. This “makes it easy for customers to keep a copy of their data geographically distributed to support disaster recovery, compliance objectives or to help move the data closer to end users for faster access.”Ī Backblaze partner program counts Catalogic and CTERA as members. So given that B2 has a very high revenue per user, very high revenue retention rate and the overall growth rate is very high, we do expect B2 to eventually overtake Backup as the larger business in the coming years.”Ī Cloud Replication service is coming in June. And remember that most of our investments are going to B2. He added: “We do expect B2 to grow faster than Computer Backup. In the earnings call Budman said: “While the Computer Backup business remains the larger of our two cloud service offerings at the moment, our strategy and increasing investments center around capitalizing on the roughly $100 billion total combined 2025 addressable markets for B2 Cloud Storage as projected by IDC.” Backblaze: We ‘expect B2 to eventually overtake backup’ Its customer focus is on the 50 percent of the market that it refers to as the underserved mid-market. B2 Cloud Storage ARR is now over $28 million with Computer Backup ARR being approximately $55 million.īackblaze is a steadily growing business with distinctive “neighbour next door” marketing attributes, like its blog which publishes periodical disk drive and SSD failure statistics, identifying drive models and manufacturers.
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