Backblaze revenue hit $100M in 2024

Backblaze generates revenue from customers

Backblaze

500-Ben Franklin Court, San Mateo, California, 94401, United States

How did Latka collect this data?

Latka collected this data by interviewing Backblaze CEO Gleb Budman on Mar 17, 2023

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Backblaze hit $100M revenue with a 164 person team in 2024.

Backblaze is a cloud storage and backup service provider that offers unlimited storage for personal and business use. It is known for its affordable pricing, easy-to-use interface, and high reliability. Backblaze provides both desktop and server backup solutions, as well as a cloud storage API for developers.

Founded

2007

Founded

Revenue

$100M

2024 Revenue

YOY

38.89%

YOY

Funding

$5.3M

Funding

Backblaze Revenue

In 2024, Backblaze revenue run rate hit $100M in revenue.

  • 2024

    Backblaze hit $100M in revenue in 2024

  • 2018

    Backblaze hit $30M in revenue in 2018

  • 2007

    Backblaze launched in 2007 with $0 revenue

Backblaze Funding History

  • 2012

    Backblaze raised a of in July, 2012

  • 2009

    Backblaze raised a of in April, 2009

FUNDING DATE ROUND AMOUNT VALUATION
July, 25 2012
April, 15 2009

Team

Backblaze has 164 total employees and 15 sales reps that carry a quota. 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%)

Founder / CEO

Gleb Budman

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.

Q&A

  • What's your age?

    45

  • 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

Churn

Backblaze Executives

Name Position Working Email Personal Email
Gleb Budman CEO [email protected] -
Gleb Budman Chief Executive Officer, Co-Founder [email protected] [email protected]

Backblaze Employees

Backblaze Board of Directors

Name Position Working Email Personal Email
Igor Shoifot Board Observer - [email protected]

Frequently Asked Questions about Backblaze

  • When was Backblaze founded?

    Backblaze was founded in 2007.

  • How much revenue does Backblaze generate?

    Backblaze generates $100M in revenue.

  • Who is the CEO of Backblaze

    The CEO of Backblaze is Gleb Budman.

  • How much funding does Backblaze have?

    Backblaze raised $5.3M.

  • How many employees does Backblaze have?

    Backblaze has 164 employees.

  • Where is Backblaze headquarters?

    Backblaze is headquartered at 500-Ben Franklin Court, San Mateo, California, 94401, United States

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