How did Latka collect this data?
Latka collected this data by interviewing Backblaze CEO Gleb Budman on 04/15/2009
Watch the podcastBackblaze Revenue
In 2022, Backblaze revenue run rate hit $30M in revenue.
2018
Backblaze hit $30M in revenue in 2018
2007
Backblaze launched in 2007 with $0 revenue
Backblaze Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2012
Backblaze raised a of $5M
2009
Backblaze raised a of $300K
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
07/25/2012 | $5M | ||
04/15/2009 | $300K |
Team
Backblaze has 164 total employees and 15 sales reps that carry a quota. They have 500000 customers an engineering team of 30 and a marketing team of 14
DISTRIBUTION | QTY |
---|---|
Total team size | 164 |
Engineer | 30(18%) |
Sales | 15(9%) |
Marketing | 14(9%) |
CEO/Founder
Gleb Budman is CEO and co-founder of Backblaze. Along with his team, Gleb bootstrapped Backblaze to millions in revenue and profitability. The company won the SIIA CODiE for Best Cloud Storage and secured a spot on Deloitte's Fast 500 fastest growing technology companies as a result of its 917% five-year revenue growth. Previously, Gleb led the product teams from pre-funding through acquisition at Kendara and MailFrontier, and founded three prior companies. He received his MBA from Berkeley's Haas School, has been a speaker at events including GigaOm Structure, Massive Storage Systems and Technology, and SNIA; profiled by Inc. and Forbes; and holds 5 patents on security.
What`s your age?
44
Favorite online tool?
Google Sheets
Favorite book?
Five dsynfunctions of a team
Favorite CEO?
Tim Eeds, CEO Varmor
Advice for 20 year old self
Be more aware of friends and coworkers
Customers
Backblaze has 500K customers.
Lifetime Months
120
x
Monthly ARPU
$5
=
Lifetime Dollar
$600
Acquisition Cost
$60
Average Annual Price
$60
Churn
Backblaze has an annual churn rate of 10.00%.
Gross Annual Dollar Churn
-10.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
90.00%
About Backblaze
Monthly Revenue
$2.5M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Backblaze Board of Directors
Name | Position |
---|---|
Igor Shoifot | Board Observer |
Backblaze Executives
Name | Position |
---|---|
Gleb Budman | CEO |
Frank Patchel | Chief Financial Officer |
Brian Wilson | Chief Technology Officer |
Gleb Budman | Chief Executive OfficerCo-Founder |
Backblaze Employees
Name | Position |
---|---|
Gleb Budman | CEO |
Ahin Thomas | Vice President Marketing |
Michael Farace | Solutions Engineer |
Tim Nufire | Co-Founder |
Quan Nguyen | Recruiter |
Skip Levens | Director Product Marketing Media and Entertainment |
Keval Desai | Investor |
Igor Shoifot | Board Observer |
Ben Olson | Logistics Manager |
Frank Patchel | Chief Financial Officer |
Patrick Thomas | Head of Publishing |
Amrit Singh | Product Marketing Manager |
Brian Wilson | Chief Technology Officer |
Gleb Budman | Chief Executive OfficerCo-Founder |
Frequently Asked Questions about Backblaze
When was Backblaze founded?
Backblaze was founded in 2007.
How much revenue does Backblaze generate?
Backblaze generates $30M in revenue.
Who is the CEO of Backblaze?
The CEO of Backblaze is Gleb Budman.
How much funding does Backblaze have?
Backblaze was raised $5.3M.
How many employees does Backblaze have?
Backblaze has raised 164 employees.
Where is Backblaze headquarters?
Backblaze headquater is at United States