There's also SQL Safe by Idera, it works pretty good and has the "instant restore" piece built in. Compression with SQL Safe and the Redgate tool are both much better than native, and they both have aes 256 encryption built in which is a very nice to have feature.

https://www.idera.com/productssolutions/sqlserver/sqlsafebackup

Are you running your backups to a de-duplication device?