![]() ![]() Net losses increased to $6.1 million during the first half of this year, compared to a $1.3 million loss in the prior-year period. As a result, operating leverage hasn't materialized yet. The company has been investing in its infrastructure and offerings to support its growth and gain scale. Its larger DPaaS business grew only 12.2% year over year to $21.1 million. ![]() As a result, the company managed to accumulate approximately 500,000 paying customers at the end of the last quarter.īecause of its low prices, Backblaze generated modest revenue of $31.5 million during the first half of 2021, up 24.7% year over year, boosted by the strong 60.3% growth of its IaaS offering to $10.1 million. Its self-service products also better suit individual users, as well as small- and medium-sized enterprises. ![]() But Backblaze developed differentiated offerings thanks to its simplified structure and lower prices relative to competitors. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.Of course, such attractive markets also involve a strong competitive environment that includes the larger cloud storage players such as Amazon Web Services (AWS) and Microsoft's Azure, among others. compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. We may also receive compensation if you click on certain links posted on our site. We may receive compensation from our partners for placement of their products or services. While we are independent, the offers that appear on this site are from companies from which receives compensation. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets.į is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as backups, multi-cloud, application development, and ransomware protection. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. ![]() , a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. We're not expecting Backblaze to pay a dividend over the next 12 months. TTM: trailing 12 months Backblaze share dividends ![]()
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