Backblaze Named Finalist for 2026 Most Innovative Data Storage Solution
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 28 2026
0mins
Should l Buy BLZE?
Source: Businesswire
- Innovative Storage Solution: Backblaze's B2 Overdrive has been named a finalist for the 2026 SiliconANGLE Media Most Innovative Data Storage Solution Award, showcasing its disruptive innovation in the cloud storage sector and enhancing the company's reputation in a competitive market.
- Performance and Cost Advantage: B2 Overdrive delivers up to 1Tbps of sustained throughput, specifically designed for AI, machine learning, and high-performance computing workloads, breaking the traditional trade-off between cost and performance, significantly reducing storage costs for enterprises.
- Transparent Pricing and Flexible Deployment: The platform eliminates hidden fees and provides flexible deployment options, enabling businesses to scale their AI and ML workloads with predictable costs and performance, transforming cloud storage into a strategic enabler.
- Industry Recognition and Future Outlook: Backblaze's B2 Overdrive stands out among numerous competitors, receiving recognition from industry experts, indicating its significant contributions to shaping the future of B2B and B2B2C technology.
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Analyst Views on BLZE
Wall Street analysts forecast BLZE stock price to rise
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 4.290
Low
8.00
Averages
9.50
High
11.00
Current: 4.290
Low
8.00
Averages
9.50
High
11.00
About BLZE
Backblaze, Inc. is a cloud storage company. The Company's two cloud services that it offers on its Storage Cloud are: Backblaze B2 Cloud Storage and Backblaze Computer Backup. Backblaze B2 Cloud Storage enables customers to store data, developers to build applications, and partners to expand their use cases. The amount of data stored in this cloud service can scale up and down as needed on a pay-as-you-go basis, or can be paid for on a capacity basis or committed contract for greater predictability. This Infrastructure-as-a-Service enables use cases including backups, multi-cloud, application storage, ransomware protection, and storage for artificial intelligence/machine learning workflows. Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. This service is offered as a subscription-based Software-as-a-Service and serves use cases including computer backup, ransomware protection, theft and loss protection, and remote access.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Backblaze Recognized in CRN Storage 100 List
- Industry Recognition: Backblaze has been included in CRN's 2026 Storage 100 list in the Data Recovery/Observability/Resiliency category, highlighting its innovative capabilities and market impact in the high-performance cloud storage sector.
- Technical Advantage: The platform's S3-compatible design allows enterprises to distribute storage across multiple providers, mitigating the concentration risk associated with a single hyperscaler, thereby enhancing the reliability of data-intensive workloads.
- Partner Support: Through the 'Powered by Backblaze' program, Backblaze provides partners with performance and economics that enable them to deliver competitive and reliable storage solutions to customers, reducing the complexity of building storage solutions themselves.
- Market Demand: As the scale of AI infrastructure and media operations continues to grow, the demand for storage solutions is increasing, with Backblaze's flexible platform providing a solid foundation for MSPs and AI infrastructure companies, driving business growth.
See More
Backblaze Recognized in CRN Storage 100 List for 2026
- Industry Recognition: Backblaze has been included in the 2026 CRN Storage 100 list, highlighting its innovative capabilities in data recovery, observability, and resiliency, which further solidifies its position in the high-performance cloud storage market.
- Technical Advantage: The platform's S3-compatible design allows enterprises to distribute storage across different providers without sacrificing performance or interoperability, thereby reducing concentration risk when handling critical workloads.
- Market Demand: As AI pipelines and data-intensive applications grow, organizations are increasingly demanding robust storage solutions, and Backblaze's flexible architecture provides a reliable foundation for MSPs and AI infrastructure companies to meet modern enterprise needs.
- Strategic Partnerships: Through its
See More
Backblaze Showcases Media Workflows for the AI Era
- Partner Showcases: Backblaze will highlight modern media workflows at the 2026 NAB Show, featuring AI technologies that enhance media production, protection, and distribution, aiming to improve customer efficiency and flexibility.
- Presentation Schedule: Key presentations include Imaginario's CEO Jose Puga discussing how AI transforms video libraries into revenue engines, and a joint session by Qencode and Sardius on building multi-vendor media workflows, underscoring Backblaze's pivotal role in the industry.
- Addressing Industry Pressures: Backblaze CEO Gleb Budman emphasized the growing pressure on media organizations to accelerate content management and prepare for AI-driven workflows, with Backblaze collaborating closely with partners to provide flexible cloud solutions that enhance media production and distribution efficiency.
- Global Impact: As an independent cloud storage provider, Backblaze supports over 500,000 customers across 175 countries with its high-performance cloud object storage, streamlining data-heavy applications and media management, showcasing its strong competitive position in the global market.
See More
Backblaze's Storage Pod Enters Computer History Museum
- Pioneering Design: Backblaze's Storage Pod 1.0 has been permanently preserved by the Computer History Museum, marking a milestone in open hardware innovation and showcasing the company's pioneering role in cloud storage.
- Significant Cost Efficiency: Since its introduction in 2009, the Storage Pod has successfully challenged traditional proprietary infrastructure models by utilizing off-the-shelf components and custom software, significantly reducing enterprise-grade storage costs.
- Industry Influence: The donation of this unit not only recognizes Backblaze's early role in reshaping cloud infrastructure design but also highlights how its open hardware approach has influenced a new era of high-performance, cost-efficient storage solutions.
- Historical Significance Solidified: The recognition of Backblaze's Storage Pod 1.0 further cements its place in computer history, inspiring future generations to continue driving technological innovation.
See More
Backblaze Grants Equity Inducement Awards to Executives
- Equity Inducement Awards: On March 24, 2026, Backblaze granted 194,240 and 82,650 restricted stock units (RSUs) to Senior VP Rhett Dillingham and VP of Revenue Operations Joey Myers, respectively, as a significant inducement for their employment, reflecting the company's commitment to its executive team.
- Vesting Schedule: Dillingham's RSUs will vest 25% after one year, with the remaining shares vesting in equal quarterly installments over the next three years, a structure designed to ensure long-term retention and continued contributions from the executives.
- Company Overview: Backblaze provides high-performance cloud object storage that removes barriers of lock-in, complexity, and cost, enabling over 500,000 customers to serve hundreds of millions of end users across 175 countries, showcasing its strong market competitiveness.
- Strategic Implications: By implementing this equity inducement plan, Backblaze not only enhances executive loyalty but also drives innovation and business growth by attracting and retaining key talent, further solidifying its leadership position in the cloud storage market.
See More
Backblaze to Showcase New Trends in Sports Broadcasting at NAB 2026
- Industry Shift: Laquie T.N. Campbell from Backblaze will moderate a panel at NAB Show 2026 focused on modern sports workflows, emphasizing the need for flexible systems that enhance reliability and fan experiences from build to broadcast.
- Technological Innovation: The discussion will explore how AI-enabled design and production planning can meet the real-time demands of live broadcasts, showcasing how media companies can achieve scalable infrastructure to support diverse audience experiences.
- Signal Integrity: Campbell highlights that modern sports workflows are no longer just about signal transmission; they require flexible systems that maintain signal integrity and synchronization while supporting immersive and fan-specific experiences, indicating a growing need for technology partners.
- Event Highlights: NAB Show 2026 will take place from April 18-22 in Las Vegas, spotlighting trends in sports innovation, AI, streaming, and cloud-based workflows, with the Backblaze team available for meetings on the show floor to showcase their high-performance cloud storage solutions.
See More
Backblaze Recognized in CRN Storage 100 List
- Industry Recognition: Backblaze has been included in CRN's 2026 Storage 100 list in the Data Recovery/Observability/Resiliency category, highlighting its innovative capabilities and market impact in the high-performance cloud storage sector.
- Technical Advantage: The platform's S3-compatible design allows enterprises to distribute storage across multiple providers, mitigating the concentration risk associated with a single hyperscaler, thereby enhancing the reliability of data-intensive workloads.
- Partner Support: Through the 'Powered by Backblaze' program, Backblaze provides partners with performance and economics that enable them to deliver competitive and reliable storage solutions to customers, reducing the complexity of building storage solutions themselves.
- Market Demand: As the scale of AI infrastructure and media operations continues to grow, the demand for storage solutions is increasing, with Backblaze's flexible platform providing a solid foundation for MSPs and AI infrastructure companies, driving business growth.
See More
Backblaze Recognized in CRN Storage 100 List for 2026
- Industry Recognition: Backblaze has been included in the 2026 CRN Storage 100 list, highlighting its innovative capabilities in data recovery, observability, and resiliency, which further solidifies its position in the high-performance cloud storage market.
- Technical Advantage: The platform's S3-compatible design allows enterprises to distribute storage across different providers without sacrificing performance or interoperability, thereby reducing concentration risk when handling critical workloads.
- Market Demand: As AI pipelines and data-intensive applications grow, organizations are increasingly demanding robust storage solutions, and Backblaze's flexible architecture provides a reliable foundation for MSPs and AI infrastructure companies to meet modern enterprise needs.
- Strategic Partnerships: Through its
See More
Backblaze Showcases Media Workflows for the AI Era
- Partner Showcases: Backblaze will highlight modern media workflows at the 2026 NAB Show, featuring AI technologies that enhance media production, protection, and distribution, aiming to improve customer efficiency and flexibility.
- Presentation Schedule: Key presentations include Imaginario's CEO Jose Puga discussing how AI transforms video libraries into revenue engines, and a joint session by Qencode and Sardius on building multi-vendor media workflows, underscoring Backblaze's pivotal role in the industry.
- Addressing Industry Pressures: Backblaze CEO Gleb Budman emphasized the growing pressure on media organizations to accelerate content management and prepare for AI-driven workflows, with Backblaze collaborating closely with partners to provide flexible cloud solutions that enhance media production and distribution efficiency.
- Global Impact: As an independent cloud storage provider, Backblaze supports over 500,000 customers across 175 countries with its high-performance cloud object storage, streamlining data-heavy applications and media management, showcasing its strong competitive position in the global market.
See More
Backblaze's Storage Pod Enters Computer History Museum
- Pioneering Design: Backblaze's Storage Pod 1.0 has been permanently preserved by the Computer History Museum, marking a milestone in open hardware innovation and showcasing the company's pioneering role in cloud storage.
- Significant Cost Efficiency: Since its introduction in 2009, the Storage Pod has successfully challenged traditional proprietary infrastructure models by utilizing off-the-shelf components and custom software, significantly reducing enterprise-grade storage costs.
- Industry Influence: The donation of this unit not only recognizes Backblaze's early role in reshaping cloud infrastructure design but also highlights how its open hardware approach has influenced a new era of high-performance, cost-efficient storage solutions.
- Historical Significance Solidified: The recognition of Backblaze's Storage Pod 1.0 further cements its place in computer history, inspiring future generations to continue driving technological innovation.
See More
Backblaze Grants Equity Inducement Awards to Executives
- Equity Inducement Awards: On March 24, 2026, Backblaze granted 194,240 and 82,650 restricted stock units (RSUs) to Senior VP Rhett Dillingham and VP of Revenue Operations Joey Myers, respectively, as a significant inducement for their employment, reflecting the company's commitment to its executive team.
- Vesting Schedule: Dillingham's RSUs will vest 25% after one year, with the remaining shares vesting in equal quarterly installments over the next three years, a structure designed to ensure long-term retention and continued contributions from the executives.
- Company Overview: Backblaze provides high-performance cloud object storage that removes barriers of lock-in, complexity, and cost, enabling over 500,000 customers to serve hundreds of millions of end users across 175 countries, showcasing its strong market competitiveness.
- Strategic Implications: By implementing this equity inducement plan, Backblaze not only enhances executive loyalty but also drives innovation and business growth by attracting and retaining key talent, further solidifying its leadership position in the cloud storage market.
See More
Backblaze to Showcase New Trends in Sports Broadcasting at NAB 2026
- Industry Shift: Laquie T.N. Campbell from Backblaze will moderate a panel at NAB Show 2026 focused on modern sports workflows, emphasizing the need for flexible systems that enhance reliability and fan experiences from build to broadcast.
- Technological Innovation: The discussion will explore how AI-enabled design and production planning can meet the real-time demands of live broadcasts, showcasing how media companies can achieve scalable infrastructure to support diverse audience experiences.
- Signal Integrity: Campbell highlights that modern sports workflows are no longer just about signal transmission; they require flexible systems that maintain signal integrity and synchronization while supporting immersive and fan-specific experiences, indicating a growing need for technology partners.
- Event Highlights: NAB Show 2026 will take place from April 18-22 in Las Vegas, spotlighting trends in sports innovation, AI, streaming, and cloud-based workflows, with the Backblaze team available for meetings on the show floor to showcase their high-performance cloud storage solutions.
See More
