Backblaze, Inc., a cloud storage provider with a $301 million market cap, announced the launch of its Legal Hold feature for Backblaze Computer Backup with Enterprise Control. This feature allows businesses to preserve a user’s entire backup history with a single click, ensuring compliance with legal, regulatory, and HR data-retention obligations without additional costs.
Legal Hold launched for Backblaze Computer Backup with Enterprise Control
Enables one-click preservation of all backup versions at no extra cost
Features encryption at rest and in transit, with optional private-key encryption
Supports compliance with GDPR, HIPAA, and other regulations
Available to all Enterprise Control customers; 15-day free trial for new users
Backblaze reports 22% revenue growth, serving 500,000+ customers
The Legal Hold feature, integrated into the Enterprise Control console, simplifies data retention for businesses facing litigation or regulatory requirements. “With Legal Hold, information stays secure and immediately accessible when the stakes are highest,” said CEO Gleb Budman. Key capabilities include:
One-Click Activation: Administrators can enable Legal Hold instantly without additional hardware or software.
Unlimited Version Retention: Preserves all historical file versions at no extra charge.
Silent Operation: Runs in the background without downtime or notifications.
Secure Data Handling: Offers encryption at rest and in transit, with optional private-key encryption.
Instant Retrieval: Provides no-cost file access, with encrypted drive delivery via courier if needed.
The feature supports compliance with regulations like GDPR, HIPAA, and CCPA/CPRA, reducing exposure to fines.
Legal Hold is available immediately for all Backblaze Computer Backup with Enterprise Control customers at no additional cost. New users can explore the feature through a 15-day free trial by contacting sales@backblaze.com. The feature complements Backblaze’s existing Object Lock for B2 Cloud Storage, which supports immutability for ransomware protection and compliance.
Founded in 2007, Backblaze serves over 500,000 customers, backing up 3+ exabytes of data across 5 data centers. Its Q1 2025 revenue grew 21% to $1.56 billion, with B2 Cloud Storage up 43% year-over-year. The company’s $20 million credit facility with Citizens Bank, secured in July 2025, supports its expansion, including doubled US-East data center capacity for AI and high-performance computing workflows.
The global cloud backup market, projected to reach $11.6 billion by 2027, is driven by rising cyber threats and compliance demands. Backblaze’s Legal Hold addresses these needs, competing with providers like Veeam and Rubrik. Its flat-rate pricing and lack of egress fees—offering 3x free egress—differentiate it from hyperscalers like AWS, as validated by a 2025 ESG report showing 75% TCO savings. However, Backblaze’s Altman Z-score of 1.07 signals financial risks, despite its 22% revenue growth.
Backblaze’s Legal Hold feature strengthens its position as a cost-effective, secure cloud backup solution, empowering businesses to meet compliance needs efficiently while safeguarding critical data.
Backblaze is the cloud storage innovator delivering a modern alternative to traditional backup providers. Purpose-built by cloud storage experts, the Backblaze Computer Backup product provides secure, predictable, and scalable endpoint protection that customers use to protect their critical business data from accidental file loss, hardware failure, and cyber and ransomware attacks. Backblaze helps businesses blaze forward with peace of mind that their data is safe.
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