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SAN MATEO, Calif. - Cloud storage provider Backblaze, Inc. (NASDAQ:BLZE), a $274 million market cap company currently rated ’Fair’ by InvestingPro, will serve as a Gold-level sponsor at the upcoming Ai4 2025 conference taking place August 11-13 at the MGM Grand in Las Vegas, the company announced in a press release. The announcement comes just days before the company’s August 7 earnings release.
The conference, described as North America’s largest AI industry event, is expected to draw more than 8,000 attendees from over 80 countries.
Backblaze will feature its recently launched B2 Overdrive solution, which the company states provides throughput speeds of up to 1Tbps for handling concurrent data operations. As part of its sponsorship, Backblaze will deliver a presentation titled "The AI Pipeline Starts with Storage: Architecting Scalable Data Foundations" in the conference’s AI Infrastructure & Scalability track.
"As AI becomes increasingly integrated into all types of technology, the cloud storage capacity and performance requirements for individual companies becomes even more important," said Backblaze CEO Gleb Budman in the statement.
Backblaze representatives will be available at booth #226 to provide consultations on AI storage infrastructure.
The San Mateo-based company, founded in 2007, provides cloud object storage services that customers use for application development, media management, backups, and AI workflows. Backblaze reports serving over 500,000 customers across 175 countries.
In other recent news, Backblaze, Inc. announced a series of significant developments. The company has unveiled new security features for its cloud storage platform, including AI-powered anomaly detection and enhanced enterprise management tools. Additionally, Backblaze introduced a Legal Hold feature for its Computer Backup service, allowing businesses to preserve an entire backup history to meet various data-retention requirements without additional costs. In a move to support growing demand, Backblaze has doubled its data center capacity in the US-East region, enhancing its ability to accommodate complex workflows such as those involving artificial intelligence. The company also reported an executive transition, with Senior Vice President of Engineering Tina Cessna set to step down by August 2025. Furthermore, Backblaze secured a $20 million credit facility with Citizens Bank, which includes a revolving credit component and options for extension. These recent developments highlight Backblaze’s efforts to enhance its offerings and infrastructure.
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