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Office 365 backup solution

Hello Experts, We wanted to know if Microsoft offers any Office 365 backups solutions.
Not legal hold but more a solution like Spanning from Kaseya or Backupify from Datto ?

Thank you very much in advance,
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MS likes to keep it all in house, so it's basically the "Exchange Online Archiving" added to your licensing  takes care of the "backup" part of Office 365.
So it's based on legal hold type of archiving.
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Thank you Kimputer, however except this legal hold type of archiving, they do not offer any other backup solution such as Spanning or Backupify ?
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No, MS doesn't you'll have to find a 3rd party solution to backup 365 email. Microsoft is not accountable if your data comes up missing either. I admit it's highly unlikely but it has happened. We use Veeam and are happy with it.
Veeam Office 365 Backup is fine but Altaro Office 365 Backup is easier to use but not as full featured.
David, thank you, I think allot of it comes down to individual budgets and options. There are so many products out there, obvious have to go with ones that work. It's not good being on the end of a disaster and find out backups haven't been working. I think when you find something you like you stick with it. Thanks for sharing.
Thank you very much for your feedback dear experts.
Check out Veeam. They just released some nice new features for O365.