Backblaze, a publicly owned company founded in 2007 and headquartered in the US, employs approximately 330 people. Its primary business is software development, specifically focusing on cloud storage solutions. A core offering is Backblaze B2 Cloud Storage, a service utilized by customers for data storage, developers for application building, and partners for various business applications.
On April 24, 2025, Investing.com reported that Backblaze stock prices fell significantly following a negative report from Morpheus Research. Levi & Korsinsky announced on April 27, 2025, that it began investigating Backblaze for potential violations of federal securities laws. The Rosen Law Firm announced investigations into potential securities claims against Backblaze on April 25, 2025, and again on April 26, 2025, based on allegations of materially misleading business information provided to investors. The Schall Law Firm also announced an investigation into Backblaze on behalf of investors for potential securities law violations.
Backblaze's customers primarily consist of software Development and insurance companies. Examples of Backblaze's customers include Coalition, Cologix and Avisi. Backblaze has partners like Vultr. Backblaze has suppliers like Cologix.
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