At our IT Camp in Saint Louis a few weeks back, David asked:
Short answer: no.
Longer answer: Not directly, no. But consider this…
With Window Server Backup, you could use a two-step process of additionally saving the WSB-created image up to Windows Azure storage using Windows Azure Backup. And the restore would be to retrieve the image using WAB and then recover it.
With Data Protection Manager, the new functionality to store your backup data into Windows Azure already exists as of System Center 2012.
“So I can just put my image backup into Azure, right?”
No. DPM only supports Volume, SQL DB, and Hyper-V Guest backups to Azure. So, in the same two-step process we discussed for Windows Server Backup, you could do your bare metal backup to a file share and then use DPM to protect that share to Windows Azure.