For my small server backup requirements this sounds perfect. The first 10 GB of storage is free as is the first 1 GB of daily downloads. In September 2015, Backblaze launched a new product, B2 Cloud Storage, and while S3 standard pricing is pretty cheap (Glacier is even cheaper) B2 claims to be “the lowest cost high performance cloud storage in the world”. Backblaze’s cloud backup service has been around for about the same length of time and I have been happily using it for offsite backups of my laptop, also for a long time. Amazon S3 has been around for more than ten years now and I have been happily using it for offsite backups of my servers for a long time.
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