There is a new CU update for SQL 2012 SP1 and I noticed a very interesting new feature described in the documentation blogged here.
This is one of two new improvements and it is described as:
You can now directly create a backup to Windows Azure Storage using SQL Server Native Backup functionality. This will allow users to back up a SQL Server database on an on-premises instance or on an instance of SQL Server that is running in a hosted environment, such as the Windows Azure Virtual Machine. … more