![]() ![]() ![]() But the company does not own any issued patents.Īs of December 31, headcount grew from 82 employees in 2018 to 126 in 2019, 188 employees in 2020, to 228 employees as of June 30, 2021 Through a purpose-built software, the platform manages global physical infrastructure of nearly 200,000 HDDs and 1Tb/s of network capacity across 5 data centers interconnected by private network infrastructure. Its storage cloud organizes, safeguards, and keeps over 500 billion files available on demand and is designed to store trillions more in the future. ![]() The Californian firm had 2,000PB under management as of June 30, 2021, 500PB of which was deployed during 2020 alone. The company has 500,000 customers in 175 countries, including 430,000 customers using Computer Backup and 70,000 customers using B2 Cloud Storage (13,500 customers use both of them).Ģ8% of revenue originated outside of USA in 2020. Computer Backup cloud service revenue grew by 23% during the year ended December 31, 2020.Īs of June 30, 2021, annual recurring revenue (ARR) was $65 million ($22 million B2, $43 million computer backup), and the firm incurred net losses of $6.1 million for the 6 months ended June 30, 2021. Customers use this offering in a consumption-based model for $70/year with unlimited capacity, in a SaaS subscription model. Computer backup: It backs up all new and changed data on laptops, desktops, and external hard drives.Revenue in this business grew by 66% during the year ended December 31, 2020. First 10GB cost nothing, then $0.005/GB/month. ![]()
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