Backblaze Secures $18 Million IT Lease Facility From Data Sales Co

Data Sales Co. announced its continued relationship with Backblaze, Inc. increasing its lease facility to $18 million to support Backblaze’s domestic and global IT equipment expansion.

With over 700PB of storage, Backblaze’s growing requirements for servers and other IT equipment is a match to the Data Sales lease offering – which is designed for growing companies that provide services over Internet.

“We have partnered with Data Sales on our equipment leasing requirements for several years. They are a key financial partner for us. Our team values the relationship and knows we have support for our growth plans,” says John H. Tran, CFO and COO, Backblaze.

“We are excited to provide this lease facility to Backblaze for their domestic and global IT infrastructure expansion. The cloud backup and storage services industry presents a tremendous opportunity as a whole and we are proud to support Backblaze, one of the growth players in the market,” Eric Wern, international lease executive, Data Sales Co.