Backblaze raises online backup prices $1 a month, but still cheaper than rivals

Funding Rounds

Summary

Thats a bummer if youre already absorbing price increases for Netflix or Amazon Prime or choosing to pay for services like Apples iCloud and Google Photos. But the company has to fund the development of new features, and the storage price declines no longer match the increasing per-user storage demands, Chief Executive Gleb Budman said in a blog post Tuesday. Backblaze is notable for offering unlimited backup, a business feat thats been difficult for competitors like Code42s Crashplan, which exited the consumer market and now sells to businesses for $10 per month. Carbonite charges $72 per year compared to Backblazes $60 annual billing rate, but Carbonites price rises to $112 per year if you include external drives and $150 for the option of data recovery drives by mail, options that dont cost extra at Backblaze. Existing customers can sign up for an extra year now at the older $50 rate through March 12.

$ Funding

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Amount - Total raised
Date February 13, 2019 Announcement date
Investors - Lead investors
Company https://www.backblaze.com/blog/backblaze-computer-backup-pricing-change/ Funded company

Classifications

industries
HealthTech
applications
Web and Content Management

AskAI Classifications

Labels
Cloud Storage Cloud Backup Office Suite Software

Linked Companies

OpenDrive
up to $1M
CrashPlan
$1M to $5M