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Data Sales Co. Provides $18MM IT Lease Facility to Backblaze

December 12, 2018, 07:25 AM

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

With more than 700 petabytes of data storage, Backblaze’s growing requirements for servers and other IT equipment is a perfect match to the Data Sales lease offering, which is designed for fast-growing companies that provide services over the internet. Backblaze is a pioneer in robust, scalable low-cost cloud backup and storage services.

“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,” said John H. Tran, Chief Financial Officer and Chief Operating Officer of 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.

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