Latest Backblaze News & Updates

See the latest news and media coverage for Backblaze. We track all announcements, press releases, and industry mentions in real time, all in one place.

Backblaze

Cloud storage and backup platform

backblaze.com

Headquarters: San Mateo, United States
Founded year: 2007
Company type: Public company
Number of employees: 350–500
Industry: IT Services & Consulting

Last updated Today

Latest news about Backblaze

In short: Backblaze highlighted its AI strategy at Investor Day, reported record Q2 2026 revenue, and signed a $335 million deal with CoreWeave.

Company announcements

August 19 Backblaze

Backblaze prices upsized $175 million convertible note offering

The debt matures in 2031, converts near $21.94 per share, and funds general corporate expenses plus capital expenditures.

August 3 Backblaze

Backblaze reports Q2 2026 results with revenue up 18%

B2 Cloud Storage revenue grew 34% to $26.6 million; adjusted EBITDA hit $12.8 million, and the company signed a $335 million CoreWeave deal.

June 23 Backblaze

Backblaze announces five-year $335M storage deal with CoreWeave

Backblaze will supply HDD-based storage tiers for CoreWeave AI Object Storage, supporting AI workloads without code changes.

May 4 Backblaze

Backblaze reports Q1 2026 revenue growth of 12%

B2 Cloud Storage revenue grew 24% to $22.4M, overall revenue reached $38.7M, and full-year outlook was raised.

Media coverage

September 10 GuruFocus

BLZE Reiterated by Needham -- Price Target Maintained at $23.00

Backblaze (BLZE) Analyst Rating Update - September 10, 2026 On September 10, 2026, Backblaze (BLZE)...

August 18 Financial Times

Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

(Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced the pricing of $175 million aggregate principal amount of 0.00% Convertible Senior Notes...

August 13 The Globe and Mail

Backblaze's AI Bet: How Uncertain Enterprise Adoption and Data Center Constraints Threaten Growth and Profitability

Detailed price information for Backblaze Inc Cl A (BLZE-Q) from The Globe and Mail including charting and trades.

August 4 GuruFocus

BLZE Maintained by Oppenheimer -- Price Target Raised to $25.00

Backblaze (BLZE) Analyst Rating Update - October 2023 On October 23, 2023, Oppenheimer maintained an...

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