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Backblaze

Cloud storage and data backup provider

Cluster & Systems Capacity Engineer

Full-TimeUpdated on 10/3/2026
$123k - $175k+ RSU grants + ESPP
Mid, Senior
Bachelor's
Remote in USA
Remote

About the job

Requirements
  • A bachelor's degree in Computer Science, Engineering, Mathematics, Data Science, Information Systems, Statistics, or a related technical field, or equivalent experience.
  • Three to six or more years of experience in Site Reliability Engineering, Infrastructure Capacity Planning, Systems or Infrastructure Engineering, Production Engineering, Data Center Operations, or a similar Cloud Operations role.
  • Familiarity and experience with cloud storage infrastructure, particularly highly available, large-scale distributed systems supporting large amounts of data with high throughput and complex performance requirements.
  • A background in capacity modeling, performance analysis, scenario modeling, and/or infrastructure cost optimization, with the ability to quantify ideas within financial frameworks and forecasts.
  • Proficiency in database and data analysis tools, preferably Snowflake, Metabase, Grafana, Python, SQL, Prometheus, VictoriaMetrics, and Excel or Google Sheets.
  • Strong data analysis skills and the ability to think deeply, creatively, and logically.
  • Communication and documentation skills sufficient to share knowledge and explain concepts accurately and concisely.
  • Willingness to work on a highly autonomous team focused on quality, cost, and customer experience.
Responsibilities
  • Develop and maintain short-, medium-, and long-term capacity demand and hardware deployment forecasts across storage, compute, and network domains.
  • Build predictive models that translate business demand signals into infrastructure requirements using historical utilization, growth trends, product sales plans, hardware lifecycle roadmaps, and other key business inputs.
  • Partner with Infrastructure, Production, and Network Engineering teams to align capacity plans with system design and scaling initiatives.
  • Develop and automate forecasting pipelines, simulation calculators and tools, and capacity dashboards to improve data quality, reduce manual analysis, and provide stakeholders visibility into platform usage and cluster health metrics.
  • Monitor and analyze cluster- and system-level utilization and performance across CPU, memory, IOPS, and network resources.
  • Adjust deployment plans and recommend configurations in real time to maintain adequate headroom and system stability.
  • Partner with service and platform owners to develop headroom and live-buffer policies, optimize hardware bills of materials, leverage virtualized orchestration, and reduce product cost.
  • Work with Operations and Finance peers to align capacity plans and hardware requirements with capital budgets, cost targets, and financial outcomes.
  • Support strategic optimization initiatives across infrastructure investments, engineering development, and operations processes, contributing to long-term infrastructure strategy and capital planning.
  • Lead efforts to evaluate, procure, and provision requests for new or additional hardware, working with Systems and Network Engineering, Site Reliability Engineering, the Network Operations Center, and Data Center Operations teams to identify and deliver solutions.
  • Maintain alignment with Product and Sales to support customer onboarding, growth, and demand variability.
  • Communicate capacity and infrastructure insights to technical and non-technical stakeholders.

About the company

Backblaze provides cloud storage and data backup services for individuals, businesses, and developers. Its products include Backblaze Computer Backup, which automatically backs up computers for a fixed monthly fee, and Backblaze B2 Cloud Storage, an affordable IaaS with S3-compatible APIs for developers and enterprises. The company runs on purpose-built, commodity-hardware infrastructure and publishes detailed drive-performance reports to ensure transparency, with features like cloud replication and flexible version history. Its goal is to offer simple, affordable, and reliable data protection and cloud storage that scales from individuals to enterprises.

Company Size

201-500

Company Stage

IPO

Headquarters

San Mateo, California

Founded

2007

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Simplify's Take

What believers are saying

  • Q2 2026 B2 revenue grew 34% to $26.6 million, accelerating AI demand.
  • August 2026 raised 2026 revenue guidance to $172 million-$174 million after CoreWeave.
  • WEKA partnership broadens Backblaze's AI ecosystem reach on September 10, 2026.

What critics are saying

  • Computer Backup revenue fell 2.2% in Q2 2026, shrinking Backblaze's legacy cash engine.
  • Backblaze issued $175 million notes in August 2026, adding dilution and refinancing pressure.
  • If CoreWeave ramps stall, Backblaze's AI pivot loses the growth story Wall Street now funds.

What makes Backblaze unique

  • Backblaze's B2 Overdrive delivers 1Tbps, unlimited egress, and S3 compatibility.
  • June 2026 CoreWeave deal validates Backblaze's managed storage layer for AI workloads.
  • Backblaze's commodity-hardware, transparency-first operating model lowers costs versus hyperscalers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Flexible Vacation Policy

Maternity & paternity leave

Commuter Benefits

Fertility Treatment Support

Learning & development program

Stock Options

RSUs

ESPP program

Hybrid Work Options

Remote Work Options

Paid Vacation

Paid Holidays

Paid Sick Leave

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

Childcare Support

Adoption Assistance

Parental Leave

Family Planning Benefits

Tuition Reimbursement

Professional Development Budget

Conference Attendance Budget

Employee Discounts

Legal Services

Meal Benefits

Relocation Assistance

Performance Bonus

Profit Sharing

Employee Stock Purchase Plan

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -1%

2 year growth

↓ -2%
Blocks & Files
Sep 10th, 2026
WEKA partnering Backblaze for its B2 cloud storage.

WEKA partnering Backblaze for its B2 cloud storage. Chris Mellor STORAGE EDITOR Blocks & Files editor Published thu 10 Sep 2026 // 14:03 UTC WEKA, which supplies high-speed unstructured data access for AI and accelerated computing, has a deal with Backblaze to store data needed for re-use in its B2 cloud storage. The two companies say GPUs need extremely fast access to data to stay fed, while the datasets, checkpoints and outputs surrounding those workloads are growing toward enormous scale and that data can need retaining. They are combining WEKA NeuralMesh for performance-sensitive AI and accelerated computing workloads with Backblaze B2 cloud object storage as the capacity layer for large datasets and retained AI assets. In effect, hot data in WEKA and cold data in B2's cloud. Data can be kept on the appropriate tier as it moves through ingestion, training, checkpointing, inference and downstream workflows. You can't keep once hot AI data on flash for ever. Gleb Budman, Backblaze's CEO, said: "AI teams need their GPUs fed and an infrastructure with the performance and capacity to support the full AI data workflow. WEKA has mastered the performance tier. Blocks & Files has spent nearly two decades doing the same for capacity storage. Together, AI teams get a qualified, complete solution to ensure fast and efficient production,. WEKA Chief Strategy Officer Nilesh Patel, neatly put forward WEKA's point of view: "AI workloads are stretching storage in two directions at once. GPUs need microsecond access to data to stay fed, while datasets and checkpoints are growing to exabyte scale. Our collaboration with Backblaze gives customers a validated path to both - without the cost of building and testing that integration themselves. Speed where it matters, scale wherever you need it." For example, raw training data (training sets, media libraries, source files) can reside in B2, move into NeuralMesh when needed for a performance-sensitive workload, and checkpoints and outputs can then return to B2 for retention and future reuse, or in situations where recovery to an earlier stage of testing is necessary. WEKA's Snap-to-Object capability has tested with Backblaze, enabling teams to recover checkpoints or saved inference data from the B2 capacity tier. Backblaze recently signed a $335 million strategic agreement with CoreWeave for that Neocloud to use B2 cloud storage for retained AI data. Coreweave is the fourth major AI cloud infrastructure company to contract with Backblaze in this way. Certification of B2 Cloud Storage for NeuralMesh is underway. Customers can contact Backblaze or WEKA to get started. Bootnote. Scality and WEKA set up a similar deal to the WEKA-Backblaze one, using WEKA's NeuralMesh high-performance storage with Scality RING's cost-efficient object tier, in February this year. Backblaze competitor Wasabi is also providing cloud storage for AI. It has formed a dedicated AI business, and appointed semiconductor and storage veteran Pinaki Mukherjee as SVP and GM to lead it. It says it stores hundreds of petabytes of AI data for frontier model labs, generative AI startups, and Neocloud compute providers worldwide. The new AI business will bring dedicated strategy, partnerships and go-to-market focus for this demand as AI infrastructure matures. Wasabi raised $70 million for AI cloud storage funding in January, and subsequently arranged a $250 million credit facility.

Associated Press
Sep 9th, 2026
Backblaze and WEKA team up to streamline AI data management across lifecycle

Backblaze and WEKA have announced a collaboration to simplify data management across the AI lifecycle. The partnership combines WEKA's NeuralMesh platform, designed for performance-intensive AI workloads, with Backblaze B2 cloud object storage for large-scale data retention. The solution allows AI teams to keep performance-sensitive workloads on WEKA NeuralMesh whilst storing large datasets, checkpoints, and outputs in Backblaze B2. The integration has been pre-validated, eliminating the need for customers to build and test their own systems. Customers can retain raw training data in B2 and transfer it to NeuralMesh when needed for high-performance computing. WEKA's Snap-to-Object capability enables teams to revert to previous checkpoints or recover inference data. Certification of B2 Cloud Storage for NeuralMesh is currently underway. Backblaze serves over 500,000 customers, whilst WEKA is trusted by 30% of the Fortune 50.

Business Wire
Aug 20th, 2026
Backblaze Announces Pricing of Upsized $175 Million Convertible Senior Notes Offering

Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced the pricing of $175 million aggregate principa...

MarketScreener
Aug 20th, 2026
Backblaze prices upsized $175M convertible notes offering for AI storage platform

Backblaze has priced a $175 million offering of convertible senior notes due 2031, up from the previously announced $150 million. The storage platform company granted initial purchasers an option to buy an additional $26.25 million in notes. The sale is expected to close on 24 August 2026. The notes carry a 0% interest rate and can be converted at an initial price of approximately $21.94 per share, representing a 30% premium over Backblaze's 19 August closing price of $16.88. The company estimates net proceeds of approximately $167.2 million after fees. Backblaze will use about $15.2 million for capped call transactions to reduce potential dilution from note conversions. The remainder will fund general corporate purposes, including capital expenditures. The notes mature on 15 August 2031.

Gate.com
Aug 4th, 2026
Backblaze stocks hit 55-month high, CoreWeave deal drives 50% surge.

Backblaze stocks hit 55-month high, CoreWeave deal drives 50% surge. 2026-08-04 07:09:54 Key Takeaways * Backblaze Inc. stock soared nearly 50% in Tuesday's opening trade after reporting Q2 earnings per share of $0.08 on $42.7 million revenue. * Backblaze reported B2 Cloud Storage revenue of $26.6 million, up 34% year-on-year, driven by the $335 million CoreWeave strategic agreement. * Backblaze raised its full-year 2026 revenue forecast to $172 million-$174 million, with CoreWeave contract minimum commitments expected by mid-2027. Shares of Backblaze Inc. (BLZE) soared nearly 50% in Tuesday's opening trade, hitting their highest levels in about 55 months after the cloud storage company reported second-quarter (Q2) earnings per share of $0.08 on revenue of $42.7 million, exceeding Wall Street expectations of $0.02 on $39.9 million. The strong performance was driven by a $335 million strategic agreement with CoreWeave Inc. (CRWV) and rising AI demand for data-intensive workloads. The Q2 results prompted multiple Wall Street analysts to raise their price targets on BLZE stock, with Oppenheimer lifting its target to $25 from $15, Lake Street to $21 from $14, and Citizens to $21 from $16, all maintaining positive ratings. AI infrastructure spending and growing enterprise customer traction are fueling momentum in the cloud storage sector as companies seek scalable, cost-effective solutions for AI workloads. Oppenheimer raises BLZE price target to $25 on CoreWeave deal strength. Oppenheimer analyst Ittai Kidron raised his price target on Backblaze to $25 from $15 while maintaining an 'Outperform' rating, saying B2 cloud storage revenue came in well ahead of expectations. Kidron attributed the strong quarter to rising AI demand, improving traction with larger enterprise customers and Backblaze's largest-ever deal with CoreWeave. The analyst said those factors underscore the company's positioning as AI infrastructure spending continues to expand, with the CoreWeave agreement serving as a key contributor to the quarter's outperformance. Lake Street lifts price target to $21 citing CoreWeave revenue ramp. Lake Street raised its price target on Backblaze to $21 from $14 while maintaining a 'Buy' rating, saying revenue from the CoreWeave partnership is expected to build gradually through 2026 because of data transfer limits and the time required to onboard managed services. The firm expects the contract's minimum revenue commitments to "fully kick in" by mid-2027, prompting it to raise its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates for both 2026 and 2027. Lake Street said the phased ramp supports stronger profitability over the next two years as the CoreWeave relationship matures. Citizens raises price target to $21 on broad-based business momentum. Citizens analyst Rustam Kanga raised his price target on Backblaze to $21 from $16, while reiterating an 'Outperform' rating. The analyst pointed to the company's higher full-year outlook, citing broad-based business strength rather than a single growth driver. According to Citizens, strong sales execution, resilient customer retention, growing AI-related demand and the CoreWeave contract support Backblaze's growth outlook, with the raised guidance reinforcing confidence in the company's momentum. Backblaze CEO Gleb Budman reports Q2 EPS of $0.08 on $42.7M revenue. Backblaze co-founder and CEO Gleb Budman called Q2 "an amazing quarter" after the company exceeded the high end of its revenue and adjusted EBITDA guidance. The company reported earnings per share (EPS) of $0.08 on revenue of $42.7 million, while Wall Street expected an EPS of $0.02 on revenue of $39.9 million, according to Fiscal.ai data. Backblaze stated that its B2 Cloud Storage revenue climbed 34% year-on-year to $26.6 million, driven by growing demand for AI and data-intensive workloads. Budman highlighted the company's recently announced $335 million strategic agreement with CoreWeave as validation of Backblaze's role in the AI infrastructure stack, saying AI workloads require scalable, cost-effective storage where the company is "built to win." Backblaze also raised its full-year 2026 outlook, increasing its revenue forecast to $172 million-$174 million from $161.5 million-$163.5 million, compared to Wall Street estimates of $164.2 million. Retail sentiment on BLZE stock reaches extremely bullish levels. Retail sentiment on Stocktwits around Backblaze trended in the 'extremely bullish' territory with message volumes at 'extremely high' levels. BLZE stock is up 398% year-to-date and 349% over the past 12 months. The iShares Russell 2000 Growth ETF (IWO) is up 31% over the past 12 months, while the iShares Micro-Cap ETF (IWC) is up 49%. Faq. What did Backblaze report for Q2 earnings? Backblaze reported Q2 earnings per share of $0.08 on revenue of $42.7 million, exceeding Wall Street expectations of $0.02 on $39.9 million. B2 Cloud Storage revenue climbed 34% year-on-year to $26.6 million. Why did BLZE stock surge nearly 50% in Tuesday's opening trade? BLZE stock surged after the company reported stronger-than-expected Q2 results and announced a $335 million strategic agreement with CoreWeave Inc. Analysts attributed the performance to rising AI demand, improving traction with larger enterprise customers, and the CoreWeave deal. What price targets did analysts set for Backblaze stock? Oppenheimer raised its price target to $25 from $15 with an 'Outperform' rating. Lake Street raised its target to $21 from $14 with a 'Buy' rating. Citizens raised its target to $21 from $16 with an 'Outperform' rating. Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.