Latest news with #BackblazeB2CloudStorage
Yahoo
5 days ago
- Business
- Yahoo
Backblaze Helps Media Post-Production Leader IDC LA Slash Cloud Storage Costs 75% While Accelerating Client Delivery
SAN MATEO, Calif., June 06, 2025--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced their customer IDC LA was able to achieve a 75% reduction in cost by leveraging Backblaze B2 Cloud Storage as their primary off-site backup solution. IDC LA needed a scalable, secure, and cost-effective solution for disaster recovery and nearline storage. Their prior cloud vendor was expensive and inflexible, creating challenges in managing large volumes of high-value media. With tight turnaround times and demanding client expectations, they required predictable costs and rapid access to protect both their content and their reputation for security. "With Backblaze, I know exactly what my costs are going to be, and I can forecast for them," Ryan Gladden, Director of Mastering & Emerging Technology of IDC LA, said. "For content where we know we need high availability, it's the right temperature of porridge." IDC LA implemented Backblaze B2 as their primary off-site solution for backups generated via their data management platform. Integrated via the Backblaze S3 Compatible API, the system enables nightly backups of irreplaceable client content. Backblaze also serves as a high-availability nearline storage tier, helping IDC LA maintain performance while reducing on-premises load and simplifying data retrieval through their existing digital asset management (DAM). IDC LA's success demonstrates how media companies can break free from the cost spiral of traditional cloud providers while actually improving their operational capabilities," said Laquie TN Campbell, Senior Product Marketing Manager for media and entertainment at Backblaze. "When a post-production facility can cut storage expenses and streamline operations, it not only gains greater freedom to choose the tools that fit its workflows, it also creates the opportunity to pass meaningful savings on to clients." The streamlined setup improves operational efficiency, enhances disaster readiness, and provides predictable cost forecasting, while saving 75% compared to IDC LA's previous solution. To learn more Backblaze's solution for IDC LA, please visit: About Backblaze Backblaze is the cloud storage innovator delivering a modern alternative to traditional cloud providers. We offer high-performance, secure cloud object storage that customers use to develop applications, manage media, secure backups, build AI workflows, protect from ransomware, and more. Backblaze helps businesses break free from the walled gardens that traditional providers lock customers into, enabling them to use their data in open cloud workflows with the providers they prefer at a fraction of the cost. Headquartered in San Mateo, CA, Backblaze (NASDAQ: BLZE) was founded in 2007 and serves over 500,000 customers in 175 countries around the world. For more information, please go to About IDC LA International Digital Centre (IDC) is a bi-coastal picture and sound creative post production facility located in the heart of Hollywood. IDC LA has extended support of multi-format video/audio, localization in 40 + languages for product fulfillment and distribution. Founded in 1988, IDC has specialized in creating high-quality content for global distribution in every language and format. IDC's expertise and exemplary customer service deliver customized solutions to clients, including creative services, post-production workflows, media processing, audio active creation, audio description, deliverables, dubbing services, timed text, quality control, Blu-ray, and DVD authoring. For more information, please go to: View source version on Contacts Press Contact:Yev PusinHead of Communicationspress@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
5 days ago
- Business
- Business Wire
Backblaze Helps Media Post-Production Leader IDC LA Slash Cloud Storage Costs 75% While Accelerating Client Delivery
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced their customer IDC LA was able to achieve a 75% reduction in cost by leveraging Backblaze B2 Cloud Storage as their primary off-site backup solution. "With Backblaze, I know exactly what my costs are going to be, and I can forecast for them. For content where we know we need high availability, it's the right temperature of porridge. " Ryan Gladden, Director of Mastering & Emerging Technology, IDC LA Share IDC LA needed a scalable, secure, and cost-effective solution for disaster recovery and nearline storage. Their prior cloud vendor was expensive and inflexible, creating challenges in managing large volumes of high-value media. With tight turnaround times and demanding client expectations, they required predictable costs and rapid access to protect both their content and their reputation for security. 'With Backblaze, I know exactly what my costs are going to be, and I can forecast for them,' Ryan Gladden, Director of Mastering & Emerging Technology of IDC LA, said. 'For content where we know we need high availability, it's the right temperature of porridge.' IDC LA implemented Backblaze B2 as their primary off-site solution for backups generated via their data management platform. Integrated via the Backblaze S3 Compatible API, the system enables nightly backups of irreplaceable client content. Backblaze also serves as a high-availability nearline storage tier, helping IDC LA maintain performance while reducing on-premises load and simplifying data retrieval through their existing digital asset management (DAM). IDC LA's success demonstrates how media companies can break free from the cost spiral of traditional cloud providers while actually improving their operational capabilities,' said Laquie TN Campbell, Senior Product Marketing Manager for media and entertainment at Backblaze. 'When a post-production facility can cut storage expenses and streamline operations, it not only gains greater freedom to choose the tools that fit its workflows, it also creates the opportunity to pass meaningful savings on to clients.' The streamlined setup improves operational efficiency, enhances disaster readiness, and provides predictable cost forecasting, while saving 75% compared to IDC LA's previous solution. To learn more Backblaze's solution for IDC LA, please visit: About Backblaze Backblaze is the cloud storage innovator delivering a modern alternative to traditional cloud providers. We offer high-performance, secure cloud object storage that customers use to develop applications, manage media, secure backups, build AI workflows, protect from ransomware, and more. Backblaze helps businesses break free from the walled gardens that traditional providers lock customers into, enabling them to use their data in open cloud workflows with the providers they prefer at a fraction of the cost. Headquartered in San Mateo, CA, Backblaze (NASDAQ: BLZE) was founded in 2007 and serves over 500,000 customers in 175 countries around the world. For more information, please go to About IDC LA International Digital Centre (IDC) is a bi-coastal picture and sound creative post production facility located in the heart of Hollywood. IDC LA has extended support of multi-format video/audio, localization in 40 + languages for product fulfillment and distribution. Founded in 1988, IDC has specialized in creating high-quality content for global distribution in every language and format. IDC's expertise and exemplary customer service deliver customized solutions to clients, including creative services, post-production workflows, media processing, audio active creation, audio description, deliverables, dubbing services, timed text, quality control, Blu-ray, and DVD authoring. For more information, please go to:
Yahoo
5 days ago
- Business
- Yahoo
Backblaze Secures Credit Line to Strengthen Financial Position
Backblaze, Inc. (NASDAQ:BLZE), a specialist in cloud storage solutions, has disclosed the $20 million senior secured revolving credit facility with Citizens Bank. With a market capitalization of $318.244 million and an impressive 22% revenue growth in the past year, the company's move is directed towards improving liquidity and strengthening growth initiatives. Completed as of March 31, 2025, the launched credit line enhances the company's financial flexibility, which matches the giant's liquidity position, standing at over $50 million in cash and marketable securities. The credit facility offers borrowing capacity at an interest rate that is either associated with the adjusted Secured Overnight Financing Rate (SOFR) and an additional 3.25% margin, or an alternate base rate with a 2.25% margin. While the initial term of the loan is two years, a one-year extension option is also on the table. A data center operator working on a rack of servers, emphasizing the company's cloud services. Management has expressed great optimism about this collaboration with the bank, highlighting that the terms support the company's financial footing while keeping costs relatively low. The deal includes typical terms like financial covenants, standard clauses, and usual fees. Backblaze, Inc. (NASDAQ:BLZE), headquartered in California and founded in 2007, is a storage cloud platform. The core offerings of the company include cloud services, Backblaze B2 Cloud Storage, and Internet of Things. From individuals to organizations, the cloud powerhouse serves a wide clientele. While we acknowledge the potential of BLZE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Backblaze Publishes Q1 2025 Drive Stats Report Highlighting Hard Drive Reliability Trends
Over 317,000 drives analyzed; four models recorded zero failures; high-capacity drives (20TB+) outperform average. SAN MATEO, Calif., May 23, 2025--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, last week published its Q1 2025 Drive Stats report, offering detailed analysis on the performance and reliability of 317,833 hard drives which underpin its cloud storage offerings and are deployed in its global data centers and represent over four exabytes of data under management. Trusted by IT leaders and storage professionals since 2013, this latest installment in Backblaze's long-running cloud infrastructure quarterly series reveals key reliability insights across manufacturers, models, and drive capacities. Significant findings include the four drive models with zero failures this quarter, notable patterns in high-capacity drive reliability, and important failure trend data for drives reaching the five-year operational milestone. Leveraging our own Backblaze B2 Cloud Storage solution in conjunction with data analysis tools, Snowflake and Trino, we were able to implement a new process of optimizing data collection and analytics. That allowed us to run lightweight queries against cached, structured tables—showcasing a great use-case for the combination of those three services. "As a leading cloud storage company, Backblaze has over 300,000 hard drives supporting over four exabytes of customer data. We aim to help companies and individuals worldwide with their storage needs, and I'm proud of our team for sharing insights we've learned over nearly two decades of managing data," said Gleb Budman, CEO at Backblaze. The latest report includes detailed annualized failure rate (AFR) statistics for 26 drive models, with the overall quarterly failure rate increasing slightly from 1.35% to 1.42%. Notable findings include four models achieving zero failures this quarter, including a 4TB HGST drive and three Seagate models (8TB, 12TB, and 14TB). Meanwhile, higher-capacity drives (20TB+) are performing well with a combined AFR of 0.72%, lower than the overall fleet average—though all drives in that population are well under a year old. All data featured in the report is freely available for download as raw files on the Backblaze Hard Drive Test Data page, allowing other cloud storage and IT professionals and researchers to perform their own analyses. Since beginning these quarterly reports in 2013, Backblaze has established the industry's largest publicly accessible dataset on hard drive reliability, covering over 450 billion drive days of operation. About Backblaze Backblaze is the cloud storage innovator providing a modern alternative to traditional cloud providers. We deliver high-performance, secure cloud object storage that customers use to develop applications, manage media, secure backups, build AI workflows, protect from ransomware and more. Backblaze helps businesses break free from the walled gardens that traditional providers lock customers into, enabling them to use their data in open cloud workflows with the providers they prefer at a fraction of the cost. Headquartered in San Mateo, CA, Backblaze (NASDAQ: BLZE) was founded in 2007 and serves over 500,000 customers in 175 countries around the world. For more information, please go to View source version on Contacts Press ContactYev PusinBackblaze PRpress@ Jim CameronSenior Directorbackblaze@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-05-2025
- Business
- Business Wire
Backblaze Launches Enterprise Web Console and New Access Controls for Scalable, Zero-Trust Cloud Storage Management
SAN MATEO, Calif.--(BUSINESS WIRE)--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a private preview program for its new enterprise web console which includes robust features like role-based access controls (RBAC) and mandatory multi-factor authentication (MFA) for improved cloud security. The web console streamlines the ability for enterprises to manage their B2 Cloud Storage deployments at scale across their entire organization while providing the flexibility for departments and user groups to intuitively manage their own B2 Buckets. Share The web console streamlines the ability for enterprises to manage their B2 Cloud Storage deployments at scale across their entire organization while providing the flexibility for departments and user groups to intuitively manage their own B2 Buckets directly. Additionally, the new console provides an improved user experience with a more streamlined, intuitive design. The enterprise web console simplifies B2 Cloud Storage management for enterprises and managed service providers (MSPs), and hardens security with role-based access controls. These controls will provide the ability to set various permission levels for users within an organization. This eliminates unnecessary access and aligns with zero trust best practices. Mandatory MFA improves account security, and SSO or SCIM integrations enable easy administration of the entire user base. With this upcoming release, Backblaze B2 will also provide the ability to create buckets in any region within an organization. This enables several potential applications, including: Ensuring data redundancy and disaster recovery through geographically distributed backup copies. Optimizing application performance for global users by reducing data access latency. Meeting data residency compliance requirements. 'With its intuitive design, the enterprise web console provides enterprises with the secure and streamlined central management dashboard they need to provision and manage their Backblaze B2 Cloud Storage at scale. It allows simple, clean access to the many enterprise-level features and innovations Backblaze has deployed, including multi-region bucket creation, role-based access controls, and our recently launched performance tier, B2 Overdrive—with room to expand and improve as we get feedback from the private preview process,' said David Ngo, Chief Product Officer. The enterprise web console will be entering private preview in the coming weeks, with general availability planned later this year. Backblaze customers with a committed contract should contact their Customer Success Manager to learn if they are eligible to participate in the private preview. About Backblaze Backblaze is the cloud storage innovator providing a modern alternative to traditional cloud providers. We deliver high-performance, secure cloud object storage that customers use to develop applications, manage media, secure backups, build AI workflows, protect from ransomware, and more. Backblaze helps businesses break free from the walled gardens that traditional providers lock customers into, enabling them to use their data in open cloud workflows with the providers they prefer at a fraction of the cost. Headquartered in San Mateo, CA, Backblaze (NASDAQ: BLZE) was founded in 2007 and serves over 500,000 customers in 175 countries around the world. For more information, please go to
