Backblaze Lands $5,000,000 New Financing Round

  • Feed Type
  • Date
    7/26/2012
  • Company Name
    Backblaze
  • Mailing Address
    500 Ben Franklin Ct San Mateo, CA 94401
  • Company Description
    We designed Backblaze to be really easy to use. There is no need to select the folders and filetypes you want to backup. That means all your data will be backed up without having to do anything.
  • Website
    http://www.backblaze.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    San Mateo, Calif.-based Backblaze will use the money to staff up and expand its marketing efforts — and attack the masses of people who still do not back up their computers, CEO Gleb Budman said in a recent interview.
  • M&A Terms
  • Venture Investor
    TMT Investments