Backblaze revenue is $30 million
Backblaze team size is 164 employees
How did Latka collect this data?
Latka collected this data by interviewing Backblaze CEO Gleb Budman on 04/15/2009
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Backblaze
500-Ben Franklin Court San Mateo, California, United States
How Backblaze hit $30M Revenue with 500K customers in 2022.
Backblaze is a data storage provider.
2007
Founded
$30M
2022 Revenue
YOY
$5.3M
Funding
Backblaze 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
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?
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