Backblaze is a publicly owned company headquartered in the US. Founded in 2007, it employs approximately 330 individuals and primarily focuses on software development. The company provides cloud storage services, including Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases.
Backblaze Inc. is expected to report a loss of 9 cents per share. This follows insights from Backblaze’s Q1 2026 Network Stats report, published on April 30, which indicated that AI workflows are shifting traffic from diffuse internet-style to large, high-bandwidth flows between fewer endpoints as large datasets move repeatedly across the model lifecycle for ingestion, transformation, training, and evaluation. Earlier on April 30, a global neocloud platform launched a new low-cost, durable storage tier with Backblaze, aiming to meet growing customer demand for affordable, scalable object storage and to help customers avoid high egress fees and complex infrastructure investments. On April 28, Backblaze collaborated with Qencode and Sardius Media to unveil strategies for building resilient multi-cloud architectures for streaming services, presenting a session focused on how intentional design choices can prevent service disruptions. This activity follows the release of Backblaze's Q1 2026 Network Stats report on April 28, the second in its quarterly series, which introduced detailed geographic heatmaps providing insight into AI-driven traffic concentration, showing United States neocloud activity heavily concentrated in California and the Ashburn-Reston corridor in Virginia.
Backblaze's customers primarily consist of iT Services and IT Consulting, insurance and online Audio and Video Media companies. Examples of Backblaze's customers include Coalition, Complex Networks and Cologix. Backblaze has commercial and technical partners like MASV, Vultr and Ortana Media Group. Examples of Backblaze's suppliers include Ivo and Cologix.
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