all of these various 3rd party backup tools use these things. Mostly it's QOL stuff that you get from a 3rd party tool. We use barman, very happily: https://pgbarman.org/
EDB has been in private equity(PE) hands since 2019 with out managing to ruin it so far. The ownership in PE hands seems to be pretty stable, so it doesn't look like the typical pump/dump mess you often see from crappy PE money.